Kingfisher plc (KGF.L) reported statutory pre-tax profit, which includes the impact of transformation P&L costs and exceptional items, decreased by 30.1% year-over-year to 281 million pounds for the 6 months ended 31 July 2018. Earnings per share was 9.7 pence compared to 13.3 pence. Underlying pre-tax profit, which excludes the impact of transformation P&L costs and exceptional items, declined by 14.8%, to 375 million pounds. Underlying earnings per share was 12.7 pence compared to 14.5 pence. Adjusted pre-tax profit, which excludes the impact of exceptional items, decreased by 18.0% to 323 million pounds, reflecting 52 million pounds of transformation P&L costs. Adjusted earnings per share was 11.0 pence compared to 13.0 pence.
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