Sainsbury(J) PLC (JSAIY.PK, SBRY.L) reported profit before tax of 409 million pounds for the 52 weeks to 10 March 2018 compared to 503 million pounds, prior year, down 18.7 percent as a result of a 180 million pounds charge recognised outside underlying results. Basic earnings per share decreased to 13.3 pence from 17.5 pence. Underlying profit before tax increased by 1.4 percent to 589 million pounds from 581 million pounds. Underlying basic earnings per share decreased 6.4 percent to 20.4 pence from 21.8 pence, reflecting the full-year impact of the additional shares issued as a result of the Home Retail Group acquisition.
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