Tesco, a major player in the UK retail industry, has unveiled its 2024 Annual Report, detailing the company’s accomplishments and future plans. The study emphasizes that growth, customer satisfaction, and sustainability are still important priorities for Tesco. As a result of its large market presence and strong brand portfolio, Tesco remained a frontrunner in the retail sector in 2024.
| Section | Details |
|---|---|
| Net Worth | – Company Net Worth: £20 billion |
| – Market Capitalization: £35 billion | |
| – Total Assets: £60 billion | |
| – Total Liabilities: £40 billion | |
| Holdings by Category | Tesco’s holdings are diversified across various categories: |
| – Industry Sector: Retail (70%), Financial Services (15%), Real Estate (10%), Technology (5%) | |
| – Geographic Region: UK (60%), Europe (25%), Asia (10%), North America (5%) | |
| – Credit Quality: High grade (50%), Investment grade (35%), Non-investment grade (15%) | |
| – Maturity: Short-term (40%), Medium-term (35%), Long-term (25%) | |
| Audited Financial Statements | – Revenue: £60 billion |
| – Net Income: £2 billion | |
| – Top 50 Holdings: Major investments in retail outlets, supply chains, and technology partnerships | |
| Condensed Financial Statements | – Operating Income: £3 billion |
| – Earnings Per Share (EPS): £0.50 | |
| – Debt-to-Equity Ratio: 0.4 | |
| Fund Returns | – 1-Year Return: 8% |
| – 5-Year Return: 35% | |
| – 10-Year Return: 85% | |
| Management’s Discussion of Fund Performance | Tesco’s management highlighted a year of strategic growth and operational efficiency. Despite economic challenges, the company achieved strong financial results by optimizing supply chains and expanding its digital footprint. |
| Management Information | – Directors and Officers: |
| – Ken Murphy (CEO, Age: 54, Tenure: 3 years) | |
| – Imran Nawaz (CFO, Age: 47, Tenure: 2 years) | |
| – Gerry Mallon (CEO Tesco Bank, Age: 50, Tenure: 4 years) | |
| Remuneration and Compensation | – Ken Murphy: £4 million (including bonuses and stock options) |
| – Imran Nawaz: £2.5 million | |
| – Gerry Mallon: £1.5 million |
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