Tesco H1 like-for-like sales grow 0.8 percent, declares dividend

In the first half year of 2017/18, Tesco Group sales grew by 0.7 percent at constant exchange rates to 25.2 billion pounds (33.4 billion dollars) with like-for-like growth of 0.8 percent. At actual exchange rates, the company said, sales grew by 3.3 percent including a 2.6 percent foreign exchange translation benefit due to the ongoing weakness of Sterling. In the UK and the Republic of Ireland (ROI), like-for-like sales grew by 2.1 percent