Grocery profitability outlook –Europe

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Executive summary slide · 90%

list/bullet: 1 Looking back: ... are low and under pressure from macro-economics and industry dynamics. Grocery retail EBITDA margins are 7.1% on average (2009-23), significantly below other industries. Hyper/supermarket

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EBITDA margin margin_return · 7.1%

Bolder actions are needed as historical cost optimization will not be sufficient and impact will heavily depend on the actions taken.

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causal-chain 80%

The slide links past performance to future risks and required future actions.

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Uses a linear process flow structure to connect past, future, and recommended actions.