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Marks and Spencer Posts Rise In H1 Net Profit

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Marks and Spencer Group PLC (OTC: MAKSY) reported an increase in its first-half net profit.

Marks and Spencer's net profit surged around 13% to GBP249.6 million, versus a year-ago profit of GBP220 million.

Its sales climbed to GBP4.88 billion from GBP4.70 billion, while profit before tax and one-off items declined 9% to GBP287.3 million.

Marks and Spencer shares closed at $15.59 yesterday.

Posted-In: profitEarnings News

 

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