2020 Full Year Results Investor Conference
Strategy 2025
Performance commitments
Sales growth
4.0 – 5.0%
-
2021 2025
Average Like for Like¹ Sales Growth
Free cash flow
>12% of Sales
-
2025
2021
Average FCF2 as % of sales
Purpose commitments
Purpose
linked targets
2021-2025
Progress towards all published
purpose targets
1. Like-for-like (LFL) is defined as: (a) sales calculated using the invoicing exchange rates of the prior year, (b) excluding sales of businesses acquired from the acquisition date until the period end date, up to 12
months from the acquisition date, and (c) excluding sales of the businesses disposed of from the disposal date until the period end date of the comparable prior period
2. Free Cash Flow (FCF) refers to operating cash flow after net investments, interest paid and lease payments
2020 Full year results investor conference
29/01/2021View entire presentation