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4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Tesco    TSCO   GB0008847096

TESCO (TSCO)
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Tesco : International CEO to Leave as Part of Focus on Asia, Central Europe

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03/20/2017 | 01:11pm CEST

By Ian Walker

LONDON--Tesco PLC (TSCO.LN) said Monday that International Chief Executive Trevor Masters would leave the business at the end of May after 38 years of service, as the company focuses on Asia and Central Europe.

The U.K.'s no. 1 grocer by market share said that following the sale of its Turkish business, it would give greater focus to Asia and Central Europe. As part of this, the company has created two roles to lead Asia and Central Europe, which will be filled by company veterans.

From April 1, Tony Hoggett will become Tesco's CEO for Asia and Matt Simister will become CEO for Central Europe.

Mr. Hoggett joined Tesco as a 16-year-old student in 1990. He managed a number of stores across northern England before being promoted to stores director.

Mr. Simister joined Tesco in 1996 as a marketer, before working across different categories in the product team.

Tesco shares at 1135 GMT were up 0.55 pence, or 0.3%, at 187.9 pence.

-Write to Ian Walker at [email protected]; @IanWalk40289749

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Financials ( GBP)
Sales 2019 61 670 M
EBIT 2019 2 009 M
Net income 2019 1 205 M
Debt 2019 2 810 M
Yield 2019 2,12%
P/E ratio 2019 18,67
P/E ratio 2020 15,26
EV / Sales 2019 0,42x
EV / Sales 2020 0,40x
Capitalization 23 371 M
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Tesco Technical Analysis Chart | TSCO | GB0008847096 | 4-Traders
Technical analysis trends TESCO
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TrendsBullishBullishBullish
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 2,47  GBP
Spread / Average Target 3,2%
EPS Revisions
Managers
NameTitle
David Lewis Group Chief Executive Officer & Director
John Murray Allan Non-Executive Chairman
Antony John Hoggett Chief Operating Officer & CEO-Asia Region
Alan J. H. Stewart Chief Financial Officer & Executive Director
Guus Dekkers Chief Technology Officer
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