Summary Block
This block has no content yet. Items you add to the page connected to this block will display here.
Featured
ASDA 25Q4 Results Call
SARRIA LIVE MODEL
SARRIA ANALYSIS
CORPORATE FILINGS

- for speed listening, go to the settings wheel on the bottom right of the video and choose playback speed -

Description, Capital and Legal Structure - 9 Aug 23

Business Description - 9 Aug 23

Acquisitions - 9 Aug 23

Capex, IT - 9 Aug 23

Model, DCF - 9 Aug 23

Investment Discussion 9 aug 23

SARRIA News - CWT
ASDA - comment
Aengus McMahon
ASDA - comment
Aengus McMahon

ASDA’s numbers on Friday will have seen the bonds softer, but the slowing pace of revenue decline is supportive. We

Aengus McMahon
Aengus McMahon
ASDA/Ocado - comment
Aengus McMahon

The partnership is a small positive for both companies' bonds. ASDA is adopting a lighter version of the Ocado proposition, broadly similar to

Aengus McMahon
Aengus McMahon
Morrisons/ASDA - comment
Aengus McMahon

Morrisons' bonds may be marked fractionally lower as Lidl supplants Morrisons as the #4 UK Supermarket. However, this is a

Aengus McMahon
Aengus McMahon
Morrisons/ASDA - comment
Aengus McMahon

The incremental impact of the Morrisons price cuts to creditors is small, but it underlines the low consumer confidence and the

Aengus McMahon
ASDA - Progress - Model Update
Aengus McMahon
ASDA - Progress - Model Update
Aengus McMahon

Please find our slightly updated analysis here.

ASDA’s Q4 results were expected to be bad and were. Also, whilst the pace of decline has slowed in the first few months of 2026, revenue has

Aengus McMahon