Financial performance

Group results 2014/15
(on a continuing operations basis)

On a continuing operations basis 2014/15 52 week
% change**
(actual exchange rates)
52 week
% change**
(constant exchange rates)
53 week
% change
(actual exchange rates)
Group sales (inc. VAT)* £69,654m (3.0)% (1.3)% (1.7)%
Sales growth excluding fuel   (3.2)% (1.3)% (1.9)%
Group trading profit
- UK
- Asia
- Europe
- Tesco Bank
£1,390m
£467m
£565m
£164m
£194m
(58.2)%
(78.8)%
(18.4)%
(31.9)%
0.0%
(57.5)%
(78.8)%
(15.3)%
(31.1)%
0.0%
(58.1)%
(78.7)%
(18.4)%
(31.1)%
0.0%
Underlying profit before tax £961m (68.4)%   (68.5)%
Statutory loss before tax £(6,376)m n/a   n/a
Underlying diluted earnings per share 9.42p (70.5)%   (70.6)%
Diluted losses per share (70.24)p n/a   n/a
  • * Group sales (inc. VAT) exclude the accounting impact of IFRIC 13 (Customer Loyalty Programmes).
  • ** 52 week growth rates exclude week 53 (the 7 days ended 28 February 2015) for the UK and Republic of Ireland.