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Tesco's H1 profit plunge: What the analysts say

2014-10-23 13:41:00| Daily apparel & textile news and comment - from just-style.com

In an unsurprising announcement this morning (23 October), troubled UK retail behemoth Tesco posted a 92% decline in first-half profits, weighed down by its higher-than-expected accounting error. While many analysts believe Tesco can now draw a line under its darkest days, views are mixed on how fast a turnaround, if any, is likely for the business.

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