Adeo has claimed its 2012 results now make it the European DIY leader, ahead of UK-based Kingfisher, which announces its 2012 results later this month.

The owner of the Leroy Merlin banner reported that sales rose 8.3% to E14.9bn (£12.76bn) for the year, driven by a 3.4% rise in like-for-like sales. Adeo’s solid results were lifted by its performance not only in emerging markets, such as Brazil and Russia, but also in mature markets such as Italy and its home market of France.

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