1. If 90-100% of food COGS inflation can be passed on to consumers without affecting volumes, the EBITDA impact is -1.0pp to opp
Grocery profitability outlook –Europe · page 47 of 53
The slide uses a waterfall-style logic to compare two scenarios: 100% pass-through vs 90% pass-through.
Consulting deck · financial_analysis · quantify_impact · dense density
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