M&S reports strong H1 FY24/25 results as profits rise 17%

Nov 7, 2024  · UK retailer Marks and Spencer (M&S) has recorded revenue of £6.48bn ($8.84bn) for the first half (H1) of 2024 – a 5.7% increase from £6.13bn in the same period of the …


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M&S Reports Strong H1 FY24/25 Results As Profits Rise 17%

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Nov 7, 2024  · UK retailer Marks and Spencer (M&S) has recorded revenue of £6.48bn ($8.84bn) for the first half (H1) of 2024 – a 5.7% increase from £6.13bn in the same period of the …

retail-insight-network.com

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Why Marks & Spencer Is Confident On Growth Despite £60m …

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Nov 6, 2024  · Why Marks & Spencer is confident on growth despite £60m Budget ‘double whammy’ By George MacDonald 2024-11-06T16:08:00 After smashing interim results …

retail-week.com

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M&S Bounces Back After Finding The Secret Of High Street Success

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Nov 8, 2023  · If you prefer the company’s “adjusted” numbers that becomes a 75 per cent rise and £360.2m in profit. The company might have cause to regret putting such a flattering figure …

independent.co.uk

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M&S Targets Further Growth Amid Strong Momentum In Clothing …

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The clothing and home business saw sales grow by 5.2% in the year to March, helping to support a 58% rise in profits. It is aiming to grow its share of the UK clothing and home market by a …

independent.co.uk

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Marks & Spencer’s First-Half Results: What The Analysts Said

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Nov 6, 2024  · British retailer Marks & Spencer reported a 17.2% increase in profit, to £407.8 million (€489.5 million), in the first half of its financial year, driven by market share gains.

esmmagazine.com

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Marks &Spencer Recovers Its Spark - Euro Weekly News

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Nov 8, 2023  · MARKS & SPENCER shareholders will receive £20 million (€23 million) in dividends next January for the first time since 2019. Pre-tax profits climbed by an unexpected …

euroweeklynews.com

FAQs about M&S reports strong H1 FY24/25 results as profits rise 17% Coupon?

Does Marks & Spencer have a good half-year profit?

MAKSF Marks & Spencer has notched up a better-than-expected jump in half-year profits thanks to buoyant food and clothing trading, but cautioned over an “uncertain” consumer backdrop and rising costs. ...

How did Marks & Spencer perform in 2024?

UK retailer Marks and Spencer (M&S) has recorded revenue of £6.48bn ($8.84bn) for the first half (H1) of 2024 – a 5.7% increase from £6.13bn in the same period of the previous year. Profit before tax (PBT) and adjusting items rose 17.2% to £407.8m, up from £348.1m in 2023. Electricals Retailing in Hong Kong - Sector Overview, Market Size a... ...

Will Marks & Spencer continue to make progress in the second half?

However, trading in the first five weeks of the second half has been in line with expectations, and it remains confident in its ability to make continued progress. In May 2024, Marks and Spencer reported a 41.4% increase in profit before tax for the fiscal year 2023/24, reaching £672.5m, a rise from £475.7m in the previous fiscal year. ...

Does Marks & Spencer have a turnaround?

It’s an impressive turnaround from two years ago for the retailer which has stuck to its values even in difficult times. Marks and Spencer’s full year results, announced this morning (24 May), show a return to growth, surpassing expectations in a challenging market for retailers. ...

Are Marks & Spencer shares a good investment?

Marks and Spencer shares have shown strong performance, with a 40% rise this year and a 300% return since October 2022, driven by a remarkable turnaround in its business. ...

How has Marks & Spencer changed over the years?

Marks & Spencer has announced a remarkable turnaround in its fortunes and a huge spike in profits, writes James Moore. It’s benefitting from revamped stores and smarter online strategy – but that doesn’t mean there won’t be more pain to come Want to bookmark your favourite articles and stories to read or reference later? ...

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