Wednesday, April 13, 2022

Tesco FY Adj. Operating Profit Rises; Revenue Up 6.0%

Tesco PLC (TSCO.L, TSCDY.PK) said its fiscal 2021/22 Group adjusted operating profit grew by 58.9% at constant rates, reflecting the strong sales performance across the retail businesses, a reduction in COVID-19 related costs and a return to profitability in Tesco Bank. Group sales increased by 3.0% at constant rates, with growth across all regions. Revenue increased by 6.4% at constant rates including fuel sales growth of 48.1%.

from RTT - Earnings https://ift.tt/OM8NCVS
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