Tesco PLC 2017 AR2
The report outlines Tesco's strong progress during the 2016/17 financial year, highlighting a 24.9% increase in Group operating profit before exceptional items to £1,280m and a 1.1% growth in Group sales. The company successfully stabilized its business, reduced net debt by 27% to £3.7bn, and announced plans to recommence dividend payments. In sustainability, Tesco achieved a 10% reduction in net carbon intensity per square foot and a 148% increase in surplus food donations in the UK, aligning with its commitment to halve global food waste by 2030.
Company: Tesco PLC
Sector: Consumer Staples
Country: United Kingdom
Year: 2017
Type: AR2
Pages: 180
Tesco PLC
Annual Report And Financial Statements
The report outlines Tesco's strong progress during the 2016/17 financial year, highlighting a 24.9% increase in Group operating profit before exceptional items to £1,280m and a 1.1% growth in Group sales. The company successfully stabilized its business, reduced net debt by 27% to £3.7bn, and announced plans to recommence dividend payments. In sustainability, Tesco achieved a 10% reduction in net carbon intensity per square foot and a 148% increase in surplus food donations in the UK, aligning with its commitment to halve global food waste by 2030.
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Document Details
Report Year
2017
Reporting Period
Feb 28, 2016 - Feb 25, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Women on Board
Women in Management
Employees