Tesco Ireland plans further investment as sales rise

Tesco Ireland has attributed a 0.2% improvement in like-for-like sales for the first half of its financial year and revenues of €1.22bn to improved customer service and product ranges, and has said it will continue to invest in its offering here.

The performance update is contained in the British supermarket group’s strong interim results presentation. It noted its share of the Irish communications market, via its Tesco Mobile service, has increased to 7% in 2016.

“This is our third successive quarter of positive like-for-like sales and we’re pleased to see strong positive volume growth as a result of our investment in strengthening our customer offer,” said Tesco Ireland chief executive Andrew Yaxley.