Tesco reported a strong half-year in Central Europe

By: Trademagazin editor Date: 2021. 10. 06. 11:22

Tesco reported improving business data in its semi-annual earnings report released in London on Wednesday. According to the report of the largest UK retail network, the company’s profitability has also improved in Central Europe.

Improved business data reported by Tesco

According to the interim report for the first half of the 2021-2022 business year, Tesco’s group sales increased by 2.6 percent year-on-year to 27.331 billion pounds (almost 12,000 billion HUF).

Group-wide operating profit excluding individual items was 1.458 billion pounds, up 40.6 percent at current exchange rates, compared to the same period of last year. (MTI)