Tesco chief Philip Clarke speaks on the day Tesco reported a profit fall in its full year results.

Chief executive Philip Clarke explains why profits are down and discusses the progress the grocer has made on its revival plan.

Source: Tesco - YouTube

Tesco chief Philip Clarke on the grocer's full-year results

Tesco profits down 13% and sales up 1.3% as it confirms US exit

Tesco

Tesco reported group trading profit down 13% to £3.5bn in its full year to February 23 as chief executive Philip Clarke confirms its US exit.