Monday, 16 January 2023

Tesco reports good Christmas trading

Ken Murphy, the CEO of Tesco said: “I’m really very pleased with our performance over this period,  especially the further strong growth at Christmas on top of the exceptional growth of the last few years.

"We’ve delivered a strong market share performance in the UK and ROI, Booker has continued to grow strongly despite a particularly tough catering backdrop and our Central European business has delivered its highest sales growth for many years.

I’m, of course, extremely proud of the way Tesco has stepped forward to help customers dealing with tough times this Christmas. By delivering relentlessly on the strategic priorities we set out 18 months ago, we have made sure customers know they will benefit from great value and quality in every part of their basket, however they choose to shop with us.

"It has been a huge team effort and I want to thank every colleague across the business for their hard work.  I'd also like to thank everyone who generously supported our Winter Food Collection, which has contributed to a record 39m meals donated by Tesco and our customers so far this year. 

"We go into the new calendar year with good momentum and I am confident we can continue to maintain our competitiveness and deliver a strong performance relative to the market despite the challenging conditions ahead.”

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