Tesco ups profit outlook, helped by warm weather and price cuts
Britain’s biggest grocer posted a 4.3% like-for-like sales increase in the first half of its financial year, with growth across all of its markets.
Group adjusted operating profit at the company was up 1.6% at constant rates in the 26 weeks ended August 23, 2025 versus the same period last year. This included a 2.1% increase for its UK and Ireland business despite the increase in employer’s national insurance payments and additional costs from the new packaging levy.
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