Grocery profitability outlook –Europe

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List presentation slide · 70%

list/bullet: Launched cost savings program planned to mitigate inflation effects (2022) including: Savings of £1bn through GNFR, property, store and distribution operations; Removal of counters in 317 stores; Store conve

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EBITA margin margin_return · €4 billion

Examples of grocers' actions to reduce SG&A and other structural cost items to stabilize EBITA margins

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The slide uses a three-column layout to compare different corporate strategies for cost restructuring.