Mike Coupe Group Chief Executive
Two years ago we set out a clear strategy
Realising the potential of the Group
Ed Barker Interim Chief Financial Officer
Retail sales - Sainsbury's only
HRG acquisition impact on the Group
HRG acquisition impact on the Group
Items excluded from underlying results
Cash flow and working capital
Retail capital expenditure
Combined Group reporting going forwards
Mike Coupe Group Chief Executive
Realising the potential of the Group
Differentiated food offer
Grow Clothing and General Merchandise
Combining Sainsbury's Clothing and GM with Argos
Clothing and General Merchandise continues to grow
New management team in place
Successful migration to new platform
Continue cost savings and maintain balance sheet strength
New three-year £500m cost saving programme from 2018/19
Balance sheetstrength remains a key prioprity
Realising the potential of the Group
Realising the potential of the Group
Realising the potential of the Group