Tesco Czech unit swings to 387M CZK profit amid Central Europe divestment review

Tesco Stores ČR reported a profit of 387 million crowns for the last fiscal year, reversing a 488 million crown loss the prior year. The parent company is reportedly considering selling its Central European assets, including the Czech Republic. The profit swing may improve the unit's valuation ahead of a potential sale, but the divestment plan remains unconfirmed.

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