DIY
B&Q owner Kingfisher sees 15% profit slump with H1 results
![](https://b855165.smushcdn.com/855165/wp-content/uploads/2018/09/Cribbs_Causeway_store_6-e1537354603106-780x470.jpg?lossy=1&strip=1&webp=1)
Kingfisher, which owns DIY retailers B&Q and Screwfix, has reported a 14.8% drop in H1 pre-tax profits, dragged down by “significant weaknesses” with its French operations.
Underlying pre-tax profit dropped to £375m in the six months to 31 July 2018, compared with £440m the previous year, and total sales remained mostly the same with only a £72m increase to £6.08m.
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