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The company had an increase in like-for-like sales of 10.7% through a combination of higher volumes and higher selling prices ...

Gundel will succeed Thierry Garnier, who will remain CEO and a board member until 31 December 2026.

The chains, which have stores in Birmingham, have warned the Labour Party government over possible HMRC tax rises.

The B&Q owner jumped after strong Screwfix trading, better margins and growing digital sales prompted another upgrade to full-year profit expectations.