Very impressive prelim results 2017/18 from Tesco

Supermarket Income REIT

SUPR’s analysis of the results:

  • Big jump in profits => £1.6bn (up 28.4%)
  • Q4 was 9th consecutive qtr of sales growth
  • Same-day online grocery delivery now offered to 99% of UK postcodes
  • Bought back 17 properties
  • Booker merger completed

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Ben Green discusses SUPR’s results on Sky News

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