Energy renovation, a new challenge for DIY brands. Kingfisher, which owns Brico Dépôt and Castorama in France, announced on Monday an annual net profit worldwide down 25% in 2023.
The cause, in particular: difficulties on the French market where its figure fell 5.9%. “ The enchanted parenthesis linked to the health crisis has suddenly closed,” summarizes the Xerfi institute, which expects in 2024 a decline in DIY sales of 1.5% again, in France.