M&S pre-tax hits £1bn

ft.com     20-May-2008            

Stuart Rose, fresh from the Chelsea Flower Show, displayed his usual ebullience during Tuesday’s presentation of Marks & Spencer’s annual results. The UK retailer notched up 5 per cent sales growth in the year ending in March and over £1bn in pre-tax profits, a milestone last reached a decade... [read full story]                    

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M&S slashes staff bonus

guardian.co.uk     20-May-2008          

Marks & Spencer has pushed its profits through the £1bn barrier for the first time in 10 years, but said it will slash bonus payments for staff as it warned that trading conditions on the high street remained tough. Underlying profits for the year to end March rose by 4.3% to a whisker above...                    

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M&S profit hits 1 billion pounds

reuters.com     20-May-2008          

LONDON (Reuters) - Marks and Spencer said its adjusted annual profits before tax rose 4.3 percent to 1 billion pounds, broadly in line with analysts expectations, helped by the company cutting its staff bonus. Chief Executive Stuart Rose said M&S, Britain's largest clothing retailer and a...                    

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M&S profit hits 1 billion pounds

tiscali.co.uk     20-May-2008          

LONDON (Reuters) - Marks and Spencer said its adjusted annual profits before tax rose 4.3 percent to 1 billion pounds, broadly in line with analysts expectations, helped by the company cutting its staff bonus. Chief Executive Stuart Rose said M&S, Britain’s largest clothing retailer and a...                    

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M&S profit hits 1 billion pounds

reuters.co.uk     20-May-2008          

LONDON (Reuters) - Marks and Spencer said its adjusted annual profits before tax rose 4.3 percent to 1 billion pounds, broadly in line with analysts expectations, helped by the company cutting its staff bonus. Chief Executive Stuart Rose said M&S, Britain's largest clothing retailer and a...                    

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M&S celebrates £1 billion profit

itn.co.uk     20-May-2008          

Keywords: marks & spencer, M&S Marks & Spencer have posted annual profits of £1 billion for the first time in a decade. The pre-tax for the year to March 29 were 4.3 per cent ahead of the previous 12 months but came alongside a 1.7 per cent fall in like-for-like sales during the final three...                    

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Marks & Spencer profits pass £1bn

thisismoney.co.uk     20-May-2008          

The profits of just over £1bn for the year to March 29 were 4.3% ahead of last year, but came alongside a 1.7% fall in like for like sales during the final three months of the year - the second successive quarter of sales declines after a disappointing Christmas. Chief executive Sir Stuart Rose...                    

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M&S profits top £1bn

thisismoney.co.uk     20-May-2008          

The profits of just over £1bn for the year to March 29 were 4.3% ahead of last year, but came alongside a 1.7% fall in like for like sales during the final three months of the year - the second successive quarter of sales declines after a disappointing Christmas. Chief executive Sir Stuart Rose...                    

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Rose plays down fears as M&S hits £1.1bn

thisismoney.co.uk     20-May-2008          

The profits of just over £1bn for the year to March 29 were 4.3% ahead of last year, but came alongside a 1.7% fall in like for like sales during the final three months of the year - the second successive quarter of sales declines after a disappointing Christmas. Chief executive Sir Stuart Rose...                    

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Bonuses slashed for M&S staff

icnetwork.co.uk     20-May-2008          

May 20 2008 Media Wales M&S paid out a record £91 million in bonuses to its 75,000 staff last year but has slashed the payout this time after it failed to hit internal targets. The group will however pay out £12.8 million to its 62,000 customer assistants, while a spokesman added that...                    

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M&S celebrates £1 billion profit

channel4.com     20-May-2008          

Last Modified: 20 May 2008 Source: ITN Marks & Spencer have posted annual profits of £1 billion for the first time in a decade. The pre-tax for the year to March 29 were 4.3 per cent ahead of the previous 12 months but came alongside a 1.7 per cent fall in like-for-like sales during the final...                    

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