Tesco Hits a Pounds 2.21 Bn Profit High

Daily PostApril 26, 2006

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Summary


FALLING prices and a resurgence by its rivals failed to prevent the Tesco juggernaut from rolling on with annual profits of pounds 2.21bn.

The group's latest record results - up 17% on a year earlier - came as it banked sales of pounds 41.8bn from its worldwide operations in the year to February 25, including pounds 32.7bn from its 1,897 stores in the UK.

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Tesco Hits a Pounds 2.21 Bn Profit High

Chief executive Sir Terry Leahy said it had been a challenging year for th...

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