ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

TSCDY Tesco PLC (PK)

11.79
0.23 (1.99%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Tesco PLC (PK) USOTC:TSCDY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.23 1.99% 11.79 11.67 11.81 11.81 11.6702 11.70 96,880 21:03:41

Tesco 1st Half 2021 Profit Rose on Higher Revenue; Appoints New CFO

07/10/2020 7:52am

Dow Jones News


Tesco (PK) (USOTC:TSCDY)
Historical Stock Chart


From Jun 2019 to Jun 2024

Click Here for more Tesco (PK) Charts.

By Matteo Castia

 

Tesco PLC reported Wednesday a higher pretax profit for the first half of fiscal 2021 on rising revenue, and said that it has appointed Tate & Lyle PLC's Imran Nawaz as its new chief financial officer.

The U.K.'s largest grocer by market share made a pretax profit of 551 million pounds ($709.4 million) for the six months ended Aug. 29, compared with GBP428 million in the year-earlier period.

The company said it has faced GBP553 million of coronavirus-related costs.

Revenue rose to GBP28.72 billion from GBP28.51 billion the prior year.

The board declared an interim dividend of 3.20 pence, up from the 2.65 pence a year earlier. In April, Tesco said it would use part of the proceedings of its Asian business disposal to pay a special dividend. The company reiterated Wednesday that it intends to return around GBP5.00 billion to shareholders by way of a special dividend.

The company said Mr. Nawaz will join in April 2021. He was CFO at food-and-drink ingredients supplier Tate & Lyle.

 

Write to Matteo Castia at matteo.castia@dowjones.com

 

(END) Dow Jones Newswires

October 07, 2020 02:37 ET (06:37 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

1 Year Tesco (PK) Chart

1 Year Tesco (PK) Chart

1 Month Tesco (PK) Chart

1 Month Tesco (PK) Chart

Your Recent History

Delayed Upgrade Clock