The company’s revenues increased by seven percent worldwide to 53.4 billion pounds (1.6 trillion crowns).
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However, the extraordinary costs related to the pandemic amounted to 892 million pounds (26.66 billion crowns), and were thus higher than the growth in sales, the company said.
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Tesco also operates in the Czech Republic, where it operates approximately 190 stores. It also operates 18 petrol stations and the Žabka franchise network with approximately one hundred stores. The company’s portfolio also includes the F&F clothing brand.
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Last year, the company withdrew from the Polish market, where it sold its network of 301 stores to the Danish company Salling Group. She also left Thailand and Malaysia. The local network of 2,000 stores sold the CP Group conglomerate for £ 10.6 billion (CZK 313.75 billion).
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