Homebase see growth from Kitchen sales

Kitchens and other big ticket items are leading the growth at Homebase, with like-for-like sales up by 4% from the end of August 2009 to the start of January.

The company said that nearly all other product categories saw a positive growth in sales contributing towards a total turnover for the period of £501m. 

"Homebase trading has continued to be strong. There was also further excellent cost management across both businesses. We now expect Group benchmark profit before tax for this financial year to be about £20m ahead of the current market consensus of £265m." said Terry Duddy, Chief Executive.