UK food retail: stronger momentum for Tesco in a still healthy market
Kantar's P04 2024 data revealed a continued divergence between Tesco/Sainsbury's and Asda/Morrisons while trends are normalising for Aldi/Lidl. The recovery in the market's volume/mix effect and Tesco's market share gains are both accelerating and leave us confident with our Buy rating. Fuelled by
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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