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HSBC analyst says Tesco’s profit increase driven by 'improvement in quality' of product
Posted
April 11, 2018
Views
2,637
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April 11, 2018
2,637
13
3
0.61%
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4:41Now PlayingAs Tesco reports a full-year sales growth of 1.3% to £57.5bn, David Clarke, head of consumer retail in Europe at HSBC tells Sky’s Ian King the company’s profits are driven by an improvement in quality of the product. The company’s underlying operating profits, covering the year to 24 February, rose by 28% to £1.64bn.
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