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Tesco’s turnaround continues as half-year profits surge 27.3% despite inflation

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Tesco has praised its efforts to keep prices low despite Brexit-fuelled inflation after it recorded a surge in profits and continuing growth in sales in its half-year report. READ MORE:  Tesco pledges to halve food waste by 2030 The grocery giant said operating profit before exceptional items soared 27.3 per cent year-on-year from £596 million to £759 million at actual exchange rates, while sales rose 3.3 per cent to £25.2 billion — making it its seventh consecutive quarter of rising sales.

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Tesco’s turnaround continues as half-year profits surge 27.3% despite inflation

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