Results, Reports and Presentations

Delve into the detail of our business and discover how we’re delivering on our promises.

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02 June 2017

Annual Report 2017

Read more about our four key priorities

Financial highlights

  • Food performance resilient; ongoing investment in quality, price and innovation
  • Total transactions have increased by nearly three per cent to 26 million per week
  • Groceries Online grew by over eight per cent
  • Convenience grew by over six per cent
  • £160 million EBITDA synergy target from Argos acquisition six months early
  • The Bank is well set to deliver strong profit growth
  • Strong balance sheet with net debt reduced by £349 million to £1,477 million

Reports and presentations

Delivering against our strategy

Quality Investment Programme

3,000 products complete

Three year £500m cost savings on track

£130m in 2016/17

Sainsbury’s Bank migration

Savings & ATMs complete

Argos stores in Sainsbury’s supermarkets

63 stores now open

Realising the potential of the group

Multi-product, multi-channel retailer; focus on four key priorities

1

Further enhance our differentiated food proposition

2

Grow general merchandise and clothing and deliver synergies

3

Diversify and grow Sainsbury’s Bank

4

Continue cost savings and maintain balance sheet strength