Sainsbury(JSAIY) - 2021 Q1 - Earnings Call Presentation

Financial Performance - Group underlying profit before tax decreased by 39% from £586 million in FY19/20 to £356 million in FY20/21[15] - Retail operating profit decreased by 22% from £938 million in FY19/20 to £730 million in FY20/21[11] - Financial Services operating profit decreased from £48 million in FY19/20 to a loss of £(21) million in FY20/21[13] - Free cash flow increased by 28% from £611 million in FY19/20 to £784 million in FY20/21[20] - Net debt excluding leases decreased by £539 million from £1,179 million in FY19/20 to £640 million in FY20/21[20] Sales Performance - Total Retail FY Sales growth was 7.3%[9] - Grocery FY Sales were up by 8.3%[9] - General Merchandise FY Sales were up by 17.6%[9] - Clothing FY Sales were down[9] Digital Performance - Digital grocery sales increased by 120%[57, 107] - Argos digital sales increased by 68%[57] - Smartshop sales increased by 173%[57] Dividend - Total dividend per share for both FY19/20 and FY20/21 is 10.6p[22]