Key Facts
£63.6bn
Group SalesΔ,1
2024: £61.5bn
28.3%
UK market share (sales value)5
2024: 27.6%
£(9,454)m
Net debtΔ,3
2024: £(9,684)m
£3,128m
Adjusted operating profitΔ,2
2024: £2,829m
13.70p
Dividend per share
2024: 12.10p
28pts
Group net promoter score6
2024: 19pts
27.38p
Adjusted diluted EPSΔ,2
2024: 23.41p
£1,750m
Free cash flowΔ,4
2024: £2,063m
£69.9bn
Statutory revenue
2024: £68.2bn
£2,711m
Statutory operating profit
2024: £2,821m
£2,215m
Statutory profit before tax
2024: £2,289m
23.13p
Statutory diluted EPS
2024: 24.53p
The performance of the Banking operations has been presented as a discontinued operation to the date of disposal. The Insurance and Money Services business has been presented on a continuing basis and therefore within headline performance measures.
Δ Alternative performance measures (APMs) – the Group has defined and outlined the purpose of its APMs in the Glossary starting on page 228 of the annual report.
- Group sales exclude VAT and fuel.
- Adjusted operating profit and Adjusted diluted EPS exclude the impact of adjusting items. Refer to Note 5 on page 151.
- Net debt now includes Insurance and Money Service, with the prior year reported on a consistent basis. The impact of the prior year is to reduce Net debt by £80m. Further information on Net debt can be found in Note 32 on page 209.
- Free cash flow is an APM defined and outlined in the Glossary starting on page 228. See the Glossary starting on page 228 for details of changes to APMs.
- UK market share based on Kantar Grocers Total Till Roll on a 12-week basis ending 23 February 2025.
- Basis – Tesco Global Brand tracker on a three-month rolling basis