Analyst consensus

 

		2019/20	2020/21	2021/22
Estimates		13	12	12
Group revenue (exc. VAT, inc fuel £m)		64,853	65,878	67,078
High		65,827	66,702	68,076
Low		64,125	65,054	66,044
Operating profit before exceptional items (£m)		2,480	2,645	2,737
High		2,592	2,775	2,938
Low		2,406	2,516	2,615
Statutory PBT (£m)		2,117	2,327	2,479
High		2,239	2,484	2,822
Low		1,966	2,198	2,341
Diluted EPS before exceptional items, net pension finance costs and FV remeasurements (p)		17.88	19.83	21.04
High		19.15	21.22	23.38
Low		16.55	18.67	19.64

Please note that any opinions, estimates or forecasts regarding Tesco PLC performance made by the contributing analysts to the above consensus are theirs alone and are not reported, endorsed or reviewed by the company.

Tesco PLC would like to thank the following investment banks:

Barclays
Berenberg
Bernstein
Citi
Deutsche Bank
Exane
Goldman Sachs
HSBC
Jefferies
JP Morgan
Kepler Cheuvreux
Macquarie
Morgan Stanley

Tesco is not regulated by the Financial Conduct Authority and cannot offer investment advice. It should be noted that forecasts are by definition forward looking and are therefore subject to risks and uncertainties that may materially affect eventual results. Tesco will endeavour to ensure that the information is updated promptly. Nothing in this analysis should be taken as a recommendation to buy or sell shares in Tesco or to take any other action or place any reliance on the analysis.

Neither Tesco nor any subsidiary undertaking or any director, officer or employee of Tesco accepts any responsibility for the accuracy of the forecasts used in this analysis and therefore shall have no liability whatsoever for the consequences of any reliance or actions taken or not taken based on any of the information in this analysis.