Marks and Spencer Group PLC Marks and Spencer Group Investor Presentation (6529C)
October 12 2022 - 6:00AM
UK Regulatory
TIDMMKS
RNS Number : 6529C
Marks and Spencer Group PLC
12 October 2022
Marks and Spencer Group Investor Presentation
NEW M&S LEADERSHIP SETS OUT "RESHAPING FOR GROWTH" PLANS
Marks and Spencer Group PLC is holding an investor presentation
today for institutional shareholders and analysts at which its new
leadership team, led by Stuart Machin and Katie Bickerstaffe, will
set out a number of strategic ambitions to reshape the business for
growth, whilst increasing resilience from strengthened foundations.
Against the background of adverse macro-economic conditions,
M&S is increasing the pace of change to create a higher
productivity business reducing costs, increasing margins and
shifting volume into growth categories and channels.
The presentation for the day will be available on our corporate
website at 12pm UK time at Results Reports Webcasts &
Presentations | Marks & Spencer (marksandspencer.com) and a
replay webcast of the event will be available later in the day.
There will be no update on current trading performance or our
financial results. M&S will next update the market at its
interim results presentation on November 9th.
F or further information, please contact:
Investor Relations:
Fraser Ramzan: +44 (0) 7554 227758
Jack Cook: +44 (0) 20 3882 5535
Media enquiries:
Corporate Press Office: +44 (0) 20 8718 1919
-Ends-
Statements made in this announcement that look forward in time
or that express management's beliefs, expectations or estimates
regarding future occurrences and prospects are "forward-looking
statements" within the meaning of the United States federal
securities laws. These forward-looking statements reflect Marks
& Spencer's current expectations concerning future events and
actual results may differ materially from current expectations or
historical results. Any forward-looking statements are subject to
various risks and uncertainties, including, but not limited to,
failure by Marks & Spencer to predict accurately customer
preferences; decline in the demand for products offered by Marks
& Spencer; competitive influences; changes in levels of store
traffic or consumer spending habits; effectiveness of Marks &
Spencer's brand awareness and marketing programmes; general
economic conditions including, but not limited to, those related to
the Covid-19 pandemic or a downturn in the retail or financial
services industries; acts of war or terrorism worldwide; work
stoppages, slowdowns or strikes; and changes in financial and
equity markets. For further information regarding risks to Marks
& Spencer's business, please consult the risk management
section of the 2022 Annual Report (pages 45-54).
The forward-looking statements contained in this document speak
only as of the date of this announcement, and Marks & Spencer
does not undertake to update any forward-looking statement to
reflect events or circumstances after the date hereof or to reflect
the occurrence of unanticipated events.
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END
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