Asia holds back Tesco's (TSCO) results: IG UK

Published on 3 October 2018

Tesco shares fell by more than 8% after first-half adjusted operating profit fell short of estimates and profit in Asia declined by 29%. Eric Moore, income fund manager at Miton Group, says the weakness in Asia has the potential to ‘make a mess of the numbers’. He says Booker’s performance has been ‘tremendous’, while the UK performance looks ‘pretty good’ too.

https://www.marketscreener.com/TESCO-18603508