Monday, April 20, 2009

Annual profits at Tesco jumps above £3bn

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FT.com
 All times are London time: Tuesday Apr 21 2009

Breaking news
Annual profits at Tesco jumps above £3bn
Tesco reported a 10 per cent rise in underlying annual pre-tax profits to £3.13bn thanks to strong international growth.

The record profit was better than the £3.04bn consensus expectation of analysts polled by Reuters. Sales rose 15 per cent to £54.3bn, excluding VAT.
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