Arab Today, arab today marksspencer profits tumble
Last Updated : GMT 18:31:22
Arab Today, arab today
Arab Today, arab today

Marks & Spencer profits tumble

Arab Today, arab today

Arab Today, arab today Marks & Spencer profits tumble

London - AFP

British high street retailer Marks & Spencer said Tuesday that full year net profits fell nine percent amid "challenging" trading conditions. Earnings after taxation declined to £466.7 million ($712 million, 552 million euros) in the 52 weeks to March 30, compared with £513.1 million in the previous financial year, M&S said in a results statement. Underlying pre-tax profits sank six percent to £665.2 million. Group sales however rose 1.3 percent to £10 billion, lifted by a strong performance at the food division and growth in international markets. "The market continued to be challenging throughout the financial year, with consumer confidence impacted by a weak macro-economic situation and continued pressure on disposable incomes," the retailer said in the earnings release. "Trading was volatile, partly as a result of unseasonable weather conditions through both Spring/Summer and Autumn/Winter seasons. "Against this backdrop we focused on tight management of margin and costs."

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today marksspencer profits tumble Arab Today, arab today marksspencer profits tumble

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today marksspencer profits tumble Arab Today, arab today marksspencer profits tumble

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday