3. GLP-1 drug users spend 6-11% less on groceries resulting in EBITDA margin decline of 0.1 to 0.2pp
Grocery profitability outlook –Europe · page 49 of 53
The slide uses a waterfall-style logic to show P&L impact from 2023 to 2029 under low and high adoption cases.
Consulting deck · financial_analysis · quantify_impact · dense density
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