Tesco PLC is a multinational grocery and general merchandise retailer. The Company is active in areas such as retailing of books, clothing, electronics, furniture, toys, petrol, and software; financial services; telecoms and internet services. Tesco also provides retail banking and insurance services.

Type
Public
HQ
Welwyn Garden City, GB
Founded
1919
Size (employees)
464,520 (est)-2%
Website
tesco.com
Tesco was founded in 1919 and is headquartered in Welwyn Garden City, GB

Key People/Management at Tesco

Alan Stewart

Alan Stewart

Chief Financial Officer
Matt Atkinson

Matt Atkinson

Chief Marketing Officer
Jason Tarry

Jason Tarry

Chief Product Officer
Tony Hoggett

Tony Hoggett

Asia CEO
Alison Horner

Alison Horner

Chief People Officer
Adrian Morris

Adrian Morris

Group General Counsel
Matt Simister

Matt Simister

Central Europe CEO
Robert Welch

Robert Welch

Group Company Secretary
Matt Davies

Matt Davies

UK & ROI CEO
Benny Higgins

Benny Higgins

CEO Tesco Bank and Group Strategy Director
Jane Lawrie

Jane Lawrie

Group Communications Director
Dave Lewis

Dave Lewis

Group Chief Executive
Alessandra Bellini

Alessandra Bellini

Chief Customer Officer

Tesco Office Locations

Tesco has offices in Welwyn Garden City, Bengaluru, Prague, Budapest and in 4 other locations
Welwyn Garden City, GB (HQ)
Kestrel Way
Show all (8)

Tesco Financials and Metrics

Tesco Financials

Tesco's revenue was reported to be £54.4 b in FY, 2016 which is a 13% decrease from the previous period.
GBP

Revenue (FY, 2016)

54.4 b

Revenue growth (FY, 2015 - FY, 2016), %

(13%)

Gross profit (FY, 2016)

2.9 b

Gross profit margin (FY, 2016), %

5%

Net income (FY, 2016)

216 m

Market capitalization (31-Oct-2017)

14.8 b

Closing share price (31-Oct-2017)

1.8

Cash (27-Feb-2016)

3.1 b
Tesco's current market capitalization is £14.8 b.
GBPFY, 2014FY, 2015FY, 2016

Revenue

63.6 b62.3 b54.4 b

Revenue growth, %

(2%)(13%)

Cost of goods sold

59.5 b64.4 b51.6 b

Gross profit

4 b(2.1 b)2.9 b
GBPFY, 2014FY, 2015FY, 2016

Cash

2.5 b2.2 b3.1 b

Accounts Receivable

183 m614 m

Current Assets

15.6 b12 b14.4 b

PP&E

30.8 b28.5 b26.6 b
GBPFY, 2014FY, 2015FY, 2016

Cash From Operating Activities

3.2 b484 m2.1 b

Cash From Financing Activities

56 m814 m(604 m)

Income Taxes Paid

(347 m)657 m54 m
GBPY, 2016

Revenue/Employee

114.5 k

Financial Leverage

5.1 x
Show all financial metrics

Tesco Operating Metrics

Sep, 2017

Suppliers

8 k
Show all operating metrics

Tesco Market Value History

Tesco's Web-traffic and Trends

Tesco Online and Social Media Presence

Tesco News and Updates

Tesco directors were "bullying", court told as trial draws to close

Three former Tesco directors have been called "bullies" in court as their trial for fraud and false accounting draws to a close. Former Tesco UK managing director Christopher Bush, former commercial director for food John Scouler, and former finance director Carl Rogberg were today described as t…

Profits wilt at Dobbies Garden Centres

Dobbies Garden Centres suffered a fall in profits during the year to 26 February, a period which included the sale of the retail chain by its former owner Tesco. Now owned by a group of investors led by Midlothian Capital Partners and Hattington Capital, Dobbies posted a pre-tax profit of £8.4m in i…

Tesco to donate £1 from every fresh turkey to food charities

Tesco’s second Christmas ad focuses on supporting others through the winter, showing a local charity’s Christmas lunch, made using food donations from a Tesco store. The second of five Christmas ads for the retailer aired on 17 November and highlights how Tesco and its customers give people in need …

Hammond plots business rates revolution for the Budget

The chancellor is poised unveil plans to shake-up how firms pay their business rates in the Budget next week. The business rates system came under fire in April when the government conducted its first revaluation of the property tax for seven years, creating dramatic changes in the bills faced by…

Tesco Christmas turkeys to benefit food charity partners

Tesco is pledging to donate £1 for every fresh turkey sold, shared between its two food charity partners to help people in need over the festive period. Tesco launched its Christmas campaign, Everyone’s Welcome on 5 November with the first of five ads on ITV, and will donate the money to FareShare a…

From built environment enthusiast to Head of Energy at Tesco

With the Women of the Future Award winners being announced later this month, we caught up with the Anna Carolina Menezes-Dowson, one of the five inspirational women to be shortlisted in the Real Estate, Infrastructure & Construction category, to talk about her career to date and her role models.
Show more

Tesco Company Life and Culture

You may also be interested in