Tesco: Still accelerating in an increasingly healthy market
Post P06 Kantar market share release, we continue to favour Tesco for its exposure to a still-healthy UK grocery market (no deflation, volume/mix back in positive territory and looking better than the rest of Europe, no price war until late 2025) and its robust commercial execution currently unlock
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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