Screwfix revenues in Ireland increased by 12% to €117.7m

Screwfix said the company’s revenues in Ireland increased 12% to €117.7m as the company continued to expand its footprint in the country.
Screwfix said the company’s revenues in Ireland increased 12% to €117.7m as the company continued to expand its footprint in the country.
Accounts filed at the Companies Registration Office show Screwfix Direct (Ireland) Ltd had an increase in like-for-like sales of 6.3% for the year ended January 31, 2024, reporting a growth in sales in existing stores through a combination of higher volumes and higher selling prices.
The company made an operating profit of €2.8m, and after-tax profit increased to €1m from a loss of €1.9m the previous year.
The company had 40 stores in Ireland during the financial year with one new outlet opening, and it has since expanded in Cork, opening a new outlet in Ballincollig in September 2025. The UK-headquartered building supply firm is located in the West City Retail Park in the Cork suburb, which already includes retail outlets, Lidl, Jysk, and Chemist Warehouse. This was the fourth Screwfix outlet in Cork, joining existing branches at Kinsale Road, Little Island, and North Link Business Park. The company said that currently, the Ballincollig outlet is the only new store planned for Ireland.
Screwfix is owned by DIY giant Kingfisher, which also owns the B&Q brands along with the Brico Dépôt brand, which operates across France, Spain and Portugal, Koctas in Turkey and Castorama across France and Poland.
In September 2025, Kingfisher raised its full-year profit outlook after reporting a better-than-expected 10.2% rise for the first half of this year, driven by a strong performance in the UK.
It is now targeting the "upper end" of guidance for full-year adjusted pretax profit of up to €620m, versus the £528m (€606m) made in 2024/25.
The stock was also boosted by Kingfisher upgrading its guidance for free cash flow and a move to accelerate its share buyback programme, with the current £300m (€344m) programme slated to complete by March 2026.
Meanwhile in its financial statement, Screwfix Ireland warned cyber security and the threat of malicious attack is an “ongoing risk”, with methods of attack constantly evolving. “The risk to business continuity, and to customers in the protection of their data is a key area of focus. The actions of our people and their understanding of our policies and procedures are critical to our protection and defence.” The company said it introduced enhanced customer identification access management tools including two factor authentication and one time pass codes.
At the end of the financial year 2024/2025 the total assets of Screwfix Ireland were €43.6m.
Additional reporting by Reuters