Performance commitments
Delivering on our 2025 performance commitments.
Sales growth
4.0–5.0%
2021–2025 Average
like-for-like1 sales growth
⇩
6.8%
2021–2025 Average like-for-like1 sales growth
(LFL) Like-for-like 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 business disposed from the disposal date until the period end date of the comparable prior period.
Free cash flow
>12% of sales
2021–2025 Average
FCF2 as % of sales
⇩
12.5%
2021–2025 Average FCF2 as % of sales
(FCF) Free cash flow refers to operating cash flow after net investments, interest paid, lease payments and purchase and sale of own equity instruments.
Purpose commitments
Purpose-linked
targets
⇩
Progress on our
2025 purpose targets