36


John Lewis Partnership plc Annual Report and Accounts 2014


JOHN LEWIS PERFORMANCE


Our sales passed the £4bn mark for the first time, with strong growth seen in our shops and online.


Financial and operational highlights – Gross sales £4.1bn, revenue £3.3bn and operating profit £226m – johnlewis.com gross sales of £1.1bn, up £184m (19.2%) – Click & collect grown by 57% – Significant market share gains across Home, Fashion and EHT – New at home store at Ashford and strong store pipeline – £97m ‘Magna 2’ distribution centre on track


Performance against divisional KPIs


Gross Sales Growth (%) 3.0%


7.5% 13.5% 7.5%


Like-for-like Sales Growth (%) 1.3%


6.4% 20122013 Operating margin (%) 6.9% 5.9% 7.1% 6.9% 2014 10.5% 6.4%


Andy Street, Managing Director, John Lewis


20122013


Gross sales per average FTE (£000) 150.3


175.0 20122013 Selling Space (m sq ft) 4.5 4.4 4.4 4.5 2014 165.3


2014


175.0


20122013


Gross sales per selling sq ft (£) 801


902 20122013 Cash from operations


£371.4m 2013: £403.1m


KPIs are defined on pages 26 to 29. 2014 Capital expenditure


£174.8m 2013: £144.3m


2014


835


902


NUMBER OF PARTNERS 20122013 2014


29,800 +0.3%


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78  |  Page 79  |  Page 80  |  Page 81  |  Page 82  |  Page 83  |  Page 84  |  Page 85  |  Page 86  |  Page 87  |  Page 88  |  Page 89  |  Page 90  |  Page 91  |  Page 92  |  Page 93  |  Page 94  |  Page 95  |  Page 96  |  Page 97  |  Page 98  |  Page 99  |  Page 100  |  Page 101  |  Page 102  |  Page 103  |  Page 104  |  Page 105  |  Page 106  |  Page 107  |  Page 108  |  Page 109  |  Page 110  |  Page 111  |  Page 112  |  Page 113  |  Page 114  |  Page 115  |  Page 116  |  Page 117  |  Page 118  |  Page 119  |  Page 120  |  Page 121  |  Page 122  |  Page 123  |  Page 124  |  Page 125  |  Page 126  |  Page 127  |  Page 128  |  Page 129  |  Page 130  |  Page 131  |  Page 132  |  Page 133  |  Page 134  |  Page 135  |  Page 136