22 November 2010
TESCO PLC - INVESTOR AND ANALYST EVENT -20-23 NOVEMBER
Tesco PLC will host an investor and analyst event in South Korea and China starting Sunday 21 November 2010.
Members of the senior management of Tesco PLC and local management will describe aspects of the business in some detail, in presentations and store tours.
Within these presentations an update on current trading will be given. Overall, the performance of our Asian businesses has continued to be strong. Like-for-like sales growth in Asian markets during the first nine weeks of our second half to 31 October 10 was as follows:
|
9 weeks to |
|
31 October 10 |
|
|
South Korea |
6.7% |
China |
8.3% |
Malaysia |
0.5% |
Thailand |
3.4% |
Japan |
(5.7)% |
A briefing pack, containing the presentations and other information distributed during the event, will be made available on our website:
The first presentations were available online on Saturday 20 November at 11.40pm London time, further presentations will follow during the course of the event.
Our next update to the market will be our third quarter statement, which will be released on 7 December 2010.
For further information:
Investor Relations:
Steve Webb |
+44 1992 644 800 |
Mark George |
+44 1992 644 800 |