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The firm saw the figure climb to £547 million over the year, ahead of the £543 million that has been predicted by experts in a poll conducted by Reuters.
However, shares in the company were down during stock market trading this morning (March 25th) and had fallen 0.48 per cent to 227.4p by 10:43 GMT.
Ian Cheshire, group chief executive, said Kingfisher - which owns B&Q and Screwfix in the UK - is cautious about the strength of consumer demand in 2010.
He added the business saw "a strong improvement in performance" last year.
"Profitability, cash generation and return on capital all grew," he remarked.
Retail profit was up 29.4 per cent worldwide, which included a 64.5 per cent jump at its UK and Ireland operations.
Posted by Greg Secker
