Tesco: provides profit forecast for financial year 2018
(CercleFinance.com) - Tesco expects to deliver a group operating profit before exceptional items of at least 1.
575 billion pounds for the financial year ending 24 February 2018, the British retailer said on Monday.
In documents relating to its merger with Booker, which will be published later today following UK Listing Authority's approval, Tesco said the group's trading performance has been in line with management's expectations since the Christmas trading update released on 11 January.
Tesco also confirmed that a final dividend of 2 pence per share will be proposed for the financial year ending in February.
This morning Tesco separately announced that, upon completion of the merger with Booker, Charles Wilson will be appointed as CEO of Tesco's retail and wholesale operations in the UK and the Republic of Ireland.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
575 billion pounds for the financial year ending 24 February 2018, the British retailer said on Monday.
In documents relating to its merger with Booker, which will be published later today following UK Listing Authority's approval, Tesco said the group's trading performance has been in line with management's expectations since the Christmas trading update released on 11 January.
Tesco also confirmed that a final dividend of 2 pence per share will be proposed for the financial year ending in February.
This morning Tesco separately announced that, upon completion of the merger with Booker, Charles Wilson will be appointed as CEO of Tesco's retail and wholesale operations in the UK and the Republic of Ireland.
Copyright (c) 2018 CercleFinance.com. All rights reserved.