Final Results.
- Total sales up 4.9% including food sales up 7.8%
- Operating profit up 1.1% and operating margin at 16.3%
- EBITDA returns of 21% achieved on expansionary capex invested
over the last two years
- Net debt reduced by over GBP400m; net debt:EBITDA now at 4.7
times
- Like-for-like sales in FY 2011 of +2.6% with food like-for-like
sales of +4.8%
- Like-for-like sales growth of 2.0% in first 8 weeks of FY 2012