Retailing behemoth Tesco revealed earlier today [Monday] that its management are confident about the company’s ability to deliver on H1 profit expectations.

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In a statement, Tesco said: “Management remains confident that it will deliver results which are broadly in line with the current consensus forecast.”


Analysts are expecting profits of around £1.39bn (US$2.18bn) for the full fiscal year.


The interim results for the first half, which will end on 10 August, are due to be announced on 17 September.

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