Tesco’s profit increased by nine percent

By: trademagazin Date: 2010. 10. 06. 00:00

The largest British retail company reported about a 9 percent profit increase in the first half of the financial year. The good datas are mainly due to the increasing foreign sales.

A further
positive sequel is that the company told that its American business branch, now
generating losses, will expected to produce profits from 2013.

To the 9.1 percent group profit increase, the Asian markets have contributed
with the greatest extent (30 percent). Nevertheless, it is also positive, that
the U.S. Fresh & Easy's sales increased by nearly 50 percent – reports

portfolio.hu.


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