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Unaudited Unaudited Audited
Note 26 weeks
ended
27 December
2020
£m 
26 weeks
ended
29 December
2019
£m 
52 weeks
ended
28 June
2020
£m 
Revenue  1,041 870
1,339
Cost of sales (819) (662)
(1,097)
Gross profit 222 208
242
Administrative expenses (44) (49)
(94)
Operating profit 178 159
148
Financial income - 1 2
Financial costs (4) (3) (10)
Net financing costs (4) (2) (8)
Profit before tax 174 157 140
Income tax expense 2 (33) (29)
(27)
Profit for the period 141 128
113
Earnings per share - basic 4 41.0p 37.2p
32.9p
                                - diluted 4 41.0p 37.1p
32.8p
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