Data: M&S profits come at a high price

M+s full year index

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.


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