Tesco Posts £944 Million Profit In Year Of “Significant Progress”

Tesco said it is commited to serving shoppers a little better each day in a market which remains challenging and deflationary. On Wednesday Tesco Plc (LON:TSCO) released its preliminary results for 2015/2016 in which it called a “a year of significant progress”. The company said it had made significant progress on all three of its transformation More...

CMA Says European Commission Objections To O2-Three Merger Fall “Well Short”
The European Commission has until 19th May to make a decision on the merger. The Competition and Markets Authority (CMA) in the UK has written to the European Commission expressing its concerns that Three’s More...

AA Revenue Drops Slightly During Business Transformation
AA said its results were in line with expectations with strong operational cash generation. Today AA Plc (LON:AA) released its results for the year ended 31 January 2016 in which the company undertook its first More...

TUI AG Says It Expects Underlying EBITDA Up 10%
TUI which owns airline brand Thomson said it had seen a lower demand for holidays in Turkey. Today TUI AG, (LON:TUI) released a pre-closed trading update to investors covering interim results ahead of its interim More...

Thomas Cook Notes Uncertain Geopolitical Environment, Maintains Guidance
Today Thomas Cook Plc (LON:TCG) released its pre-close trading update to investors in which outlined volatile market conditions remain with many customers leaving it later to book holidays as they weigh up their More...

Ted Baker Reports Profits Up 20% As It Expands Globally
Today Ted Baker Plc (LON:TED) released its annual results for the 52 weeks up to 30th January 2016 which the CEO said was another year of strong progress as a global lifestyle brand. During the year group revenue More...