Results, Reports and Presentations

Delve into the detail of our business and discover how we’re delivering on our promises.

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02 June 2017

Annual Report 2017

Read more about our four key priorities

Financial highlights

  • Food performance resilient; ongoing investment in quality, price and innovation
  • Total transactions have increased by nearly three per cent to 26 million per week
  • Groceries Online grew by over eight per cent
  • Convenience grew by over six per cent
  • £160 million EBITDA synergy target from Argos acquisition six months early
  • The Bank is well set to deliver strong profit growth
  • Strong balance sheet with net debt reduced by £349 million to £1,477 million

Reports and presentations

Delivering against our strategy

Quality Investment Programme

3,000 products complete

Three year £500m cost savings on track

£130m in 2016/17

Sainsbury’s Bank migration

Savings & ATMs complete

Argos stores in Sainsbury’s supermarkets

63 stores now open

Realising the potential of the group

Multi-product, multi-channel retailer; focus on four key priorities


Further enhance our differentiated food proposition


Grow general merchandise and clothing and deliver synergies


Diversify and grow Sainsbury’s Bank


Continue cost savings and maintain balance sheet strength