Surprise profits boost for M and S
Updated on 04 November 2009
Marks & Spencer boss Sir Stuart Rose has drawn encouragement from recent trading after the chain posted an unexpected rise in half-year profits.
Sir Stuart announced profits of £298.3 million for the six months to September 26, ahead of City forecasts and slightly stronger than a year earlier.
He added that the third quarter of the financial year had got off to a good start, although he warned that trading conditions remained competitive.
These news feeds are provided by an independent third party and Channel 4 is not responsible or liable to you for the same.
