REG - Marks and Spencer Gp - Marks and Spencer Group Investor Presentation

Marks and SpencerAnnouncement

12/10/2022 12:00

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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)
(https://corporate.marksandspencer.com/investors/our-performance-updates/results-reports-webcasts-presentations)
 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.

 

For 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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