M & S Foods Full-Year Report
- Profit before tax and adjusting items £716.4m, up 58%
- Food sales up 13%, adjusted operating profit of £395.3m and margin of 4.8%
- Clothing & Home sales up 5.3%, adjusted operating profit of £402.8m and margin of 10.3%
- International (excl. Republic of Ireland) constant currency sales down 1%, adjusted operating profit of £47.7m and margin of 6.6%
- M&S share of Ocado Retail loss £37.3m vs loss of £29.5m LY
- Return on capital employed of 14.1% up from 10.6% LY
- Free cash flow of £413.7m and net funds of £45.7m
