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Tesco achieves small profit rise

Source: BBC
London : United Kingdom | about 1 month ago  
Views: 2
Pre-tax profits came in at £1.42bn, which was up 1.5% on the same period last year...Tesco also announced it had created 6,500 jobs in the six month period. The firm said the results were "solid", and chief executive Terry Leahy said that the supermarket chain was "well-placed for the global...
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  • News Source: The Independent | about 1 month ago
    Tesco's chief executive Sir Terry Leahy said its UK sales had turned a corner and moved ahead of its big rivals, as he trumpeted that the domestic economy had "passed its low point and things were getting better". His comments came as Tesco, which...
  • News Source: Independent | about 1 month ago
    Tesco has reported the weakest first-half profit growth in 11 years after acquisitions added to financing costs and units from Ireland to the Czech Republic withered in the recession. Net income rose 1.3pc to £1.03bn (€1.12bn) in the six months...
  • News Source: Guardian Unlimited | about 1 month ago
    Tesco's profits rise 8.6% to £1.57bn 'We're well-placed for the global recovery,' Tesco chief executive Sir Terry Leahy said Reuters Tesco's sales rose nearly 10% with like-for-like sales in the UK up by 3.1% in the second quarter. Photograph:...
  • News Source: Fox News | about 1 month ago
    Britain's biggest supermarket chain Tesco Tuesday posted first-half attributable net profit of 1.03 billion pounds ($1.6 billion), compared to 1.01 billion pounds a year ago...Adjusted pretax profit advanced 8.3% to 1.57 billion pounds, beating...
  • News Source: Times Online | about 1 month ago
    Homever in Korea and Tesco Bank - are already making good contributions to sales and profits," he said, although he acknowledged that the overseas stores had been hard hit. "In International, the markets with the greatest growth potential for the...
  • News Source: Sky News | about 1 month ago
    The group generated total sales of more than £1bn a week at £30.4bn. The company said recent moves to enhance its Clubcard customer reward strategy were paying off, adding it had seen a "significant improvement" in its performance compared with its...
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  • Blog Source: www.davidmcwilliams.ie
    Investors will be afraid that the capital position of our banks will be eroded, once more, by new bad debts as interest rates rise — but this time from companies and retailers rather than builders. ..... Look at the NAMA funding approach, borrowing
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