Over the period Tesco has changed the way in which it reports its different segments. They have moved the retailing activities in Ireland, previously disclosed in the Europe segment, into a new UK and Ireland segment. The activities in other … Continue reading
Tesco has now released its final results for the year ending 2015. When compared to last year revenues fell considerably as a £21M increase in bank revenue was more than offset by a £745M fall in European sales, a £425M … Continue reading
Tesco has now released their interim results for 2015. There is no denying that this is a poor set of results. Revenue in the UK fell by £600M when compared to the first half of last year. In the overseas … Continue reading
Tesco has now released its full year results for the year ending 2014. Revenue was up overall due to a £256M increase in Asian sales, counteracted by falls in UK, Europe and Bank revenue. Employee costs increased by £386M but … Continue reading
Tesco has now released their half year results for the year ending 2014. Revenues were up with Asian revenue in particular doing well, up £365M in the half year. UK revenues were also up, increasing by £365M. Europe fared less … Continue reading
Tesco owns a large number of retail stores across a number of different regions. By far the most important market is the UK but the group also have operations in other, mainly Eastern, European countries (Czech Rep, Hungary, Poland, Ireland, … Continue reading