What’s inside?

Welcome to the Home Retail Group annual report. As well as highlighting the year’s results and successes, this report shows how well equipped
we are to continue to succeed in the future.

Our two leading retail brands, Argos and Homebase, are supported by a robust and scaleable shared infrastructure. This gives us real competitive advantage and opens up multiple growth and development opportunities in our markets.

Economic factors mean that sales and profit growth may be harder to achieve in the short term. But our strong brands, product ranges and scale will provide opportunities for resilience in these conditions.

We believe Home Retail Group is in excellent shape for long-term success.

• Terry Duddy
• Chief Executive