Kingfisher reported full year profit of £ 693 m ( $ 916 m ) , a 20 % YoY profit that it attributed in part to poor performance at its Castorama unit . Kingfisher said Ms Laury would remain at the firm until a successor was found. The company announced it will close all its Screwfix stores in Germany , but will continue to expand the chain , launching in September this year and increasing the number of shops to 800 from 700 stores . It 's also considering the closure of another 15 stores across the group . CEO Veronique Laury , who had been overseeing the company ’s transformation is stepping down as the One Kingfisher five - year plan enters its final stages .
Kingfisher reported full year profit of £ 693 m ( $ 916 m ) , a 20 % YoY profit that it attributed in part to poor performance at its Castorama unit . The company announced it will close all its Screwfix stores in Germany , but will continue to expand the chain , launching in September this year and increasing the number of shops to 800 from 700 stores . It 's also considering the closure of another 15 stores across the group . CEO Veronique Laury , who had been overseeing the company ’s transformation is stepping down as the One Kingfisher five - year plan enters its final stages .