Retailer Marks & Spencer has reported better-than-expected earnings for its latest 2011/2012 financial year and has held its market share as group sales rose two per cent.
While its underlying pre-tax profit dropped slightly to stg£705.9 million from stg£714.3 million, that was still ahead of analysts' expectations, according to Bloomberg News.
Group sales rose two per cent to stg£9.6 billion. Multi-channel sales rose 18 per cent and international sales were up 5.8 per cent....
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