Data: M&S profits come at a high price
Another year, another unwelcome fall in retail bellwether Marks & Spencer’s annual pre-tax profits.
While group revenue grew a modest 2.2% to £10.6bn during the same period, on the back of translation gains in exchange rates and a welcomed growth of 4.2% in its food division, group pre-tax profit fell a staggering 63.5% to £176.4m.
Already have an account? Sign in here