Friday November 27, 2020

5 key points from Tesco's annual results

Sales fell in Irish stores while firm faces Booker deal challenge

12th April, 2017
Tesco Ireland was hit by industrial action Pic: Getty

Supermarket giant Tesco has reported profits for the 12 months to the end of February which came in slightly better than expected, but it still faces challenges as it seeks to deal with intense competition and a squeeze on British consumers’ spending power.

Tesco shares were down almost 3 per cent at 190p in early trading in London after the figures were released.

Key points from the results

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