Apr 10, 2019

Tesco profits jump 'in uncertain market'

Profits at Tesco have jumped 28% in what the UK's biggest supermarket chain described as an "Uncertain" market. Chief executive Dave Lewis said the group was on track to meet the "Vast majority" of the turnaround goals he set when he was appointed four years ago after an accounting scandal. The group said its performance was "Strong", and Tesco has almost doubled its dividend. Full-year pre-tax profits were £1.7bn, with UK same store sales up 1.7%..

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