Tesco PLC (TSCO.L, TSCDY.PK) reported that its fiscal year Group adjusted operating profit decreased by 7.1% at constant rates, primarily reflecting the impact of lower year-on-year volumes, the ongoing investment in customer offer and significant operating cost inflation, partially offset by a very strong Booker catering recovery and the acceleration of Save to Invest programme. Total retail adjusted operating profit was down 6.3% at constant rates. Group sales increased by 5.3% at constant rates, driven by strong sales performance in all segments as volumes held up relatively well despite cost-of-living pressures and some further post-pandemic normalisation. Statutory revenue rose 7.2% including fuel sales up 23.3%.
from RTT - Earnings https://ift.tt/zqRO1Mj
via IFTTT
No comments:
Post a Comment