Tesco's sales increased in the first quarter
Tesco published its first quarterly sales figures, thatpoint out that although the company showed a 1 percent growth on the UK market. It is a disappointment, compared to the analysts' expectations of 1.5 percent. The Hungarian subsidiaries' sales grew by 3.5 percent.
According to the CEO of Tesco, the consumer activity remains depressed in most market of the hypermarket chain A stronger growth occurred in the Central European and Thai regions in the first quarter, but in England and America there are also signs of improvement – reports portfolio.hu.
Related news
Related news
SPAR’s innovative packaging solution that uses less plastic has been recognized with prestigious awards
SPAR Hungary’s innovative packaging technology has been honored with two…
Read more >Alibaba invests 50 billion euros in artificial intelligence and cloud technology
Chinese technology giant Alibaba has announced a major investment in…
Read more >Nearly half of companies will increase cafeteria allowances for manual workers this year
In 2025, significant changes took place in the field of…
Read more >