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Tesco Reports 28.4% Operating Profit Increase In UK & ROI In First Half

Published on Oct 2 2019 1:35 PM in Retail tagged: Featured Post / Tesco / Tesco Ireland / Paywall

Tesco Reports 28.4% Operating Profit Increase In UK & ROI In First Half

Tesco has posted a 28.4% operating profit increase worth €1.2 billion (£1.1 billion) across its UK and Ireland business in the first half of its financial year.

The retailer saw like-for-like sales increase 0.2% in the UK and Ireland against a backdrop of subdued market growth.

The groups overall operating profit was up 25.4% year-on-year which equates to  €1.57 billion (£1.4 billion) according to its 2019 interim results which it published today.

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