Marks and Spencer PLC Invites Investors to Virtual Conference
Marks and Spencer PLC Presents at Virtual Investor Conference
Marks and Spencer PLC (MKS), a renowned name in retail, will engage with investors at an upcoming virtual conference. The event, organized by dbVIC - Deutsche Bank, is set to showcase global companies with American Depositary Receipt (ADR) programs. Participants will hear from Fraser Ramzan and Helen Lee on significant updates and prospects within the company.
Event Details
The virtual investor conference is scheduled for September 24, offering a convenient online platform for investors to connect directly with the company.
Date and Time
The live online event will commence at 10:00 AM ET, inviting real-time interactions between the audience and the speakers.
How to Participate
Investors are encouraged to pre-register and utilize an online system check to ensure a smooth experience. This free event also promises an archived webcast for those who cannot participate live.
Recent Financial Highlights
Marks and Spencer PLC has demonstrated impressive financial performance in recent times. Here are some notable highlights:
- Profit before tax and adjusting items stood at £716.4 million, showing a significant increase from the previous financial year’s £453.3 million.
- Statutory profit before tax climbed to £672.5 million, up from £475.7 million in the previous period.
- Food sales surged by 13.0%, with adjusted operating profit reaching £395.3 million, resulting in a 4.8% margin.
- Clothing & Home segment recorded a 5.3% sales increase, with an adjusted operating profit of £402.8 million, reflecting a 10.3% margin.
- The Ocado Retail JV reported an adjusted loss of £37.3 million.
- International sales (excluding ROI) experienced a slight decline of 1%, with an adjusted operating profit of £47.7 million.
- The adjusted return on capital employed improved to 14.1% from 10.6% in the previous year.
About Virtual Investor Conferences
Virtual Investor Conferences (VIC) is at the forefront of providing interactive forums for publicly traded companies to engage directly with investors. This innovative platform mirrors the layout of traditional investor meetings, enabling companies to present dynamically and arrange one-on-one meetings effectively.
Contacts for Further Inquiries
For additional information, you can reach out to the following contacts:
Marks and Spencer PLC
Fraser Ramzan
Head of Investor Relations
+44 (0) 7554 227 758
Fraser.Ramzan@marks-and-spencer.com
Spearheading the Finance Division, Helen Lee is also available for inquiries at +44 (0) 7880 294 990, or via email at Helen.Lee@marks-and-spencer.com
Virtual Investor Conferences
John M. Viglotti
SVP Corporate Services, Investor Access
(212) 220-2221
johnv@otcmarkets.com
Frequently Asked Questions
What is the purpose of the Marks and Spencer PLC virtual conference?
The conference aims to connect the company with global investors, showcasing recent successes and future strategies.
Who will be presenting at the event?
Fraser Ramzan and Helen Lee will represent Marks and Spencer PLC during the presentations.
Is there a cost to attend the conference?
No, participation in the event is free of charge for all interested investors.
How can I access the archived conference?
An archived webcast will be available after the live event for those who did not attend.
What are the recent financial highlights for Marks and Spencer?
Recent highlights include significant increases in profit before tax, particularly in food and clothing sales, reflecting a positive trend for the company.
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