M&S supertanker changes course

M&S supertanker changes course

Final results from Marks & Spencer (MKS) came in ahead of expectations as an improved performance in the UK offset a disappointing result overseas. Underlying pre-tax profit grew 6 per cent to £661m, against consensus forecasts of £651m, thanks to significant gross margin improvement in the embattled general merchandise (GM) division.

To continue reading, register today

to enjoy limited access to the following:

  • Daily trading news
  • Funds coverage
  • Features on big investment themes
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now