Marks & Spencer Group PLC (OTCPK:MAKSY)
$ 9.87 0.26 (2.71%) Market Cap: 9.70 Bil Enterprise Value: 12.33 Bil PE Ratio: 15.30 PB Ratio: 2.56 GF Score: 71/100
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Half Year 2025 Marks and Spencer Group PLC Earnings Call Transcript

Nov 06, 2024 / 09:30AM GMT
Release Date Price: $10.43 (+3.78%)
Archie Norman
Marks and Spencer Group PLC - Non-Executive Chairman of the Board

Hello, everybody. It's Archie Norman here, and I wanted to welcome you to the 2024 Marks & Spencer interim results. In a moment, Stuart is going to give you the strategic overview of the last six months. Jeremy Townsend, our Finance Director, is then going to talk through the detail of the financial performance, and Stuart will come back and take you through the commercial performance of each businesses and say a few words about outlook.

But for me, the most important thing about this period has not been the financial performance, which has been robust. If it hadn't been robust, you'll probably hear a bit more from me. But it's been the pickup in pace in terms of people, organization, and culture, which means that we have a now much more capable organization and means that we can move ahead to tackle the deep-lying problems around store rotation, technology, and supply chain. And that means, too, that we can pick up the pace of investment, which is required to create the high-performing, growth business that we

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