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Marks & Spencer H1 Profit Rises; Current Trading In Line With View

(RTTNews) - Retailer Marks & Spencer Group Plc (MAKSY.PK, MAKSF.PK, MKS.L) reported Wednesday that its first-half profit before tax grew 11.3 percent to 208.5 million pounds from last year's 187.3 million pounds.

Basic earnings per share increased 3.7 percent to 8.5 pence from 8.2 pence a year ago.

Adjusted pro?t before tax was 205.5 million pounds, compared to 269.4 million pounds last year. Adjusted basic earnings per share were 7.8 pence, compared to 12.1 pence a year earlier.

Revenue increased 8.5 percent to 5.54 billion pounds from 5.11 billion pounds in the prior year.

Food sales went up 5.6 percent, and clothing & Home sales grew 14.0 percent with store sales up 18.8 percent and online up 4.9 percent.
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