Tesco 13-weeks Group Like-for-like Sales Up 0.9%
Like-for-like sales growth in the combined UK & ROI business was 0.3%.
International like-for-like sales grew by 3.0%, with a positive result in both Asia and Europe for the fourth consecutive quarter. Sales growth of 3.6% at constant exchange rates included a strong performance from our business in Thailand where we saw a positive customer response to improvements in our fresh food offer and to focused promotions, particularly for the important Songkran festival (Thai New Year).
Tesco Bank continues to add value for customers with a simple, clear product offer. Sales increased by 3.5% in the quarter, as strong lending growth helped offset reduced credit card interchange fee income. (dpa)
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