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    TSCO   GB00BLGZ9862

TESCO PLC

(TSCO)
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Usdaw Says Tesco Agrees To Reopen Talks With Usdaw

12/07/2021 | 12:39pm EST

Dec 7 (Reuters) - Union of Shop, Distributive and Allied Workers:

* USDAW: TESCO AGREES TO REOPEN TALKS WITH USDAW AFTER MEMBERS IN 9 DISTRIBUTION CENTRES VOTE OVERWHELMINGLY TO STRIKE IN DISPUTES OVER PAY

* USDAW- TWO DISPUTES INVOLVE OVER 5,000 USDAW MEMBERS AT NINE TESCO DISTRIBUTION CENTRES

* USDAW: USDAW IS LOOKING FOR TESCO TO IMPROVE THE OFFER TO AVOID PRE-CHRISTMAS DISRUPTION IN STORES

* USDAW - DRIVERS AND WAREHOUSE WORKERS HAD REJECTED A 4% ANNUAL PAY INCREASE

* USDAW: PLANNED INDUSTRIAL ACTION, STARTING ON 20 DEC AND CONCLUDING ON CHRISTMAS EVE, IS AT THIS STAGE STILL SET TO GO AHEAD Further company coverage:


© Reuters 2021
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Analyst Recommendations on TESCO PLC
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Financials
Sales 2022 60 794 M 82 400 M 82 400 M
Net income 2022 1 456 M 1 973 M 1 973 M
Net Debt 2022 11 140 M 15 099 M 15 099 M
P/E ratio 2022 14,3x
Yield 2022 3,61%
Capitalization 21 924 M 29 727 M 29 716 M
EV / Sales 2022 0,54x
EV / Sales 2023 0,53x
Nbr of Employees 360 000
Free-Float 97,9%
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Technical analysis trends TESCO PLC
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Mean consensus BUY
Number of Analysts 20
Last Close Price 288,75 GBX
Average target price 315,09 GBX
Spread / Average Target 9,12%
EPS Revisions
Managers and Directors
Ken Murphy Group Chief Executive Officer & Director
Imran Nawaz Chief Financial Officer & Director
John Murray Allan Non-Executive Chairman
Guus Dekkers Chief Technology Officer
Byron Elmer Grote Senior Independent Non-Executive Director
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