Key facts
450,000
Colleagues at year end
£56.9bn
Group sales
2018: £51.0bn*
£2,206m
Group operating profit before exceptional and other items (a)
2018: £1,646m*
15.40p
Diluted EPS before exceptional and other items (b)
2018: 11.90*
5.77p
Dividend per share
2018: 3.00p
£2,502m
Retail operating cash flow (c)
2018: £2,773m
£(2.9)bn
Net debt (c)
2018: £(2.6)bn
£63.9bn
Statutory revenue
2018: £57.5bn*
£2,153m
Operating profit
2018: £1,839m*
£1,674m
Statutory profit before tax
2018: £1,300m*
13.55p
Statutory diluted EPS
2018: 12.11p*
(a) Excludes amortisation of acquired intangibles and excludes exceptional items by virtue of their size and nature in order to reflect management’s view of the underlying performance of the Group.
(b) Diluted EPS before exceptional and other items refers to diluted earnings per share from continuing operations before exceptional items and amortisation of acquired intangibles, net pension finance costs and fair value remeasurements on financial instruments.
(c)Net debt and Retail operating cash flow exclude the impact of Tesco Bank.
* Restated for the adoption of IFRS 15 as explained in Note 1 and Note 36.