1、 Interim Results 2024/25 Serving our customers,communities and planet a little better every day.STRONG CUSTOMER OFFER DELIVERS VOLUME GROWTH AND MARKET SHARE GAINS.Performance highlights(on a continuing operations basis)1,2 H1 24/25 H1 23/24 Change at actual rates Change at constant rates Group sale
2、s(exc.VAT,exc.fuel)3 31,463m 30,401m 3.5%4.0%Adjusted operating profit4 1,649m 1,426m 15.6%15.8%-Retail 1,555m 1,417m 9.7%10.0%-Tesco Bank*,1 94m 9m n/m9 n/m Retail free cash flow5 1,261m 1,368m(7.8)%Net debt5,6(9,676)m(9,888)m 2.1%Adjusted diluted EPS4 14.45p 11.68p 23.7%Interim dividend per share6
3、 4.25p 3.85p 10.4%Statutory measures(on a continuing operations basis)1 Revenue(exc.VAT,inc.fuel)34,773m 33,801m 2.9%Operating profit 1,612m 1,426m 13.0%Profit before tax 1,392m 1,161m 19.9%Retail cash generated from operating activities 1,943m 2,068m(6.0)%Diluted EPS 14.62p 12.25p 19.3%Statutory me
4、asures(including discontinued operations)1 Revenue(exc.VAT,inc.fuel)35,180m 34,149m 3.1%Profit after tax 1,051m 929m 13.1%Diluted EPS 15.03p 12.83p 17.1%Ken Murphy,Chief Executive“Weve been working really hard to offer our customers the best possible value,quality,and service and they are shopping m
5、ore at Tesco as a result.We have lowered prices on thousands of lines,launched or improved over 860 products in partnership with our suppliers and growers,and our customer satisfaction scores continue to improve across a broad range of measures.The combination of price,quality and innovation means w
6、e are as competitive as we have ever been,and we have been the cheapest full-line grocer for nearly two years.Our strong UK and ROI market share gains across the last year demonstrate our continued momentum.I want to say a big thank you to all my Tesco colleagues for their hard work serving customer