Tesco published another profit warning

The Tesco expects financial results that are much lower than that market expectations in this financial year.

As the result of the second profit warning the UK's largest retail network’s share prices started to fall significantly on the stock exchange.

According to the company’s official statement published at the London Stock Exchange (LSE), the company expects that the current group trading profit “will not exceed” 1.4 billion pounds (550 billion HUF) in the fiscal year ending in February. (Kertész Róbert, MTI)