Tesco CFO: Committed to Being Investment Grade Issuer

The video discusses Tesco's strategic priorities, including improving competitiveness, strengthening the balance sheet, and restoring trust. It highlights progress in these areas and addresses investor confidence and bond market strategies. The video also covers Tesco's business transformation, customer focus, competition with Amazon, deflationary trends, and potential impacts of Brexit.

What are the three main priorities Tesco set out to achieve?

• Enhancing digital presence, improving supply chain, and increasing profits

• Improving competitiveness, enhancing customer service, and expanding globally

• Improving competitiveness, strengthening the balance sheet, and restoring trust

• Expanding product range, increasing market share, and reducing costs

What is Tesco's stance on returning to the bond market?

• They have decided not to return to the bond market

• They have already issued new bonds

• They are waiting for the right time and investor feedback

• They have no liquidity and need to issue bonds immediately

How does Tesco plan to stay ahead of changes on the British High Street?

• By acquiring smaller competitors

• By focusing on customer needs and providing great value

• By reducing prices significantly

• By focusing on expanding internationally

What is Tesco's approach to competition from Amazon?

• They plan to exit the online grocery market

• They focus on delivering what customers want and leveraging their online presence

• They plan to merge with Amazon

• They ignore Amazon and focus on physical stores

How does Tesco view deflation in the market?

• As a threat to their business model

• As an opportunity to invest more and become competitive

• As a temporary issue that will soon pass

• As irrelevant to their strategy

What trend in customer behavior is Tesco observing?

• Customers are moving away from online shopping

• Customers are focused on value and shopping more frequently

• Customers are spending more on luxury items

• Customers are indifferent to price changes

What is Tesco's position on the potential impact of Brexit?

• They are prepared to adapt to any changes that may occur

• They have a strong political stance against Brexit

• They plan to relocate their headquarters to Europe

• They believe it will have no impact on their operations