27.01.2017
REPORT ON TESCO’S OVERALL
PERFORMANCE IN 2016
1 INTRODUCTION
This report will show the current state of Tesco’s performance, as requested by directors and
senior management. The findings gathered mainly focus on the company’s financial and overall
performance in 2016. Recommendations on how Tesco could improve their performance will be
included, as well as a conclusion of the findings.
2 FINDINGS
2.1 Total sales excluding VAT and excluding fuel were £48.4bn.
2.2 Group operating profit of £944m can be segmented into three sections:
generated internationally, in the United Kingdom and Republic of Ireland (ROI),
and from Tesco Bank. Most of the profit was generated in the UK & ROI, followed
by the company’s international operations and lastly, Tesco Bank.
Group Operating Profit
Tesco Bank; 17.16%
UK & ROI ; 53.50%
International;
29.34%
2.3 Full-year UK sales declined by 0.4%.
1
REPORT ON TESCO’S OVERALL
PERFORMANCE IN 2016
1 INTRODUCTION
This report will show the current state of Tesco’s performance, as requested by directors and
senior management. The findings gathered mainly focus on the company’s financial and overall
performance in 2016. Recommendations on how Tesco could improve their performance will be
included, as well as a conclusion of the findings.
2 FINDINGS
2.1 Total sales excluding VAT and excluding fuel were £48.4bn.
2.2 Group operating profit of £944m can be segmented into three sections:
generated internationally, in the United Kingdom and Republic of Ireland (ROI),
and from Tesco Bank. Most of the profit was generated in the UK & ROI, followed
by the company’s international operations and lastly, Tesco Bank.
Group Operating Profit
Tesco Bank; 17.16%
UK & ROI ; 53.50%
International;
29.34%
2.3 Full-year UK sales declined by 0.4%.
1
