TESCO Prelims 2001 - Investis Digitalfiles.investis.com/tesco/ar/pdfs/terryleahy2000.pdf · 48%48%...
Transcript of TESCO Prelims 2001 - Investis Digitalfiles.investis.com/tesco/ar/pdfs/terryleahy2000.pdf · 48%48%...
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TERRY LEAHYTERRY LEAHYChief ExecutiveChief Executive
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• Fastest organic growth rate
• Strong results
• Progressing with our clear strategy
• Fastest organic growth rate
• Strong results
• Progressing with our clear strategy
HIGHLIGHTSHIGHLIGHTS
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• Strong UK core business
• Non Food
• Retailing services
• International growth
• Strong UK core business
• Non Food
• Retailing services
• International growth
FOUR PART STRATEGYFOUR PART STRATEGY
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STRONG UK CORE BUSINESSSTRONG UK CORE BUSINESS
00/0100/0197/9897/98 98/9998/99 99/0099/00 01/0201/02
369369 377377
447447
501501
408408
UK Operating Profit (£m)UK Operating Profit (£m)Up 12.1%Up 12.1%
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NON FOODNON FOOD
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RETAILING SERVICESRETAILING SERVICES
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INTERNATIONAL GROWTHINTERNATIONAL GROWTH
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TESCO LEADS ON VALUETESCO LEADS ON VALUE
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TESCO LEADS ON VALUETESCO LEADS ON VALUE
8585
9090
9595
100100
97/9897/98 98/9998/99 99/0099/00 00/0100/0196/9796/97 01/0201/02
12.5%12.5%
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UK SALESUK SALES
Compound Volume GrowthCompound Volume Growth
24%24%20%20%
10%10%
0%0%H1H1 H2H2 H1H1 H2H2 H1H1 H2H2 H1H1H2H2 H2H2 H1H1
Volume Growth in HalfVolume Growth in Half
01/0201/0298/9998/99 99/0099/00 00/0100/0196/9796/97 97/9897/98
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FOR THE CUSTOMERFOR THE CUSTOMER
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CLUBCARDCLUBCARD
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STEP CHANGESTEP CHANGE
• Budgeted savings exceeded
• On track to deliver £200m savings in
full year
• Budgeted savings exceeded
• On track to deliver £200m savings in
full year
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STEP CHANGESTEP CHANGE
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STEP CHANGESTEP CHANGE
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NEW DEPOTSNEW DEPOTS
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DEVELOPMENT PROGRAMMEDEVELOPMENT PROGRAMME
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REGENERATIONREGENERATION
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EXPRESSEXPRESS
98/9998/99 99/0099/00 00/0100/01 01/02F01/02F 02/03F02/03F
1717
4545
8585
2727
150150No of Express StoresNo of Express Stores
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NON FOODNON FOOD
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NON FOODNON FOOD• Market leader in volume sales of Health & Beauty
• DVD sales up by over 300%
• Home Entertainment sales up 40%
• Ladieswear sales up 54%
• Market leader in volume sales of Health & Beauty
• DVD sales up by over 300%
• Home Entertainment sales up 40%
• Ladieswear sales up 54%
• 48% market share on launch of Harry Potter paperback• 48% market share on launch of Harry Potter paperback
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NUTRICENTRENUTRICENTRE
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EXTRAEXTRA
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TESCO PERSONAL FINANCETESCO PERSONAL FINANCE
Operating Profit (£m)Operating Profit (£m)
H1H1 H2H2 H1H1 H2H2 H1H1 H2H298/9998/99 99/0099/00 00/0100/01 01/0201/02
H1H1
2020
88 88
00 1155
1414
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TESCO PERSONAL FINANCETESCO PERSONAL FINANCE
• 2.25m customer accounts
• 1m credit cards
• Instant travel insurance
• Cheque deposits at checkout
• 2.25m customer accounts
• 1m credit cards
• Instant travel insurance
• Cheque deposits at checkout
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TESCO.COMTESCO.COM
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TESCO.COMTESCO.COM
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• Fastest organic growth rate
• Strong results
• Progress in line with clear strategy
• Fastest organic growth rate
• Strong results
• Progress in line with clear strategy
CONCLUSIONCONCLUSION
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