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MKS Marks And Spencer Group Plc

265.10
-0.80 (-0.30%)
Last Updated: 09:50:50
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Marks And Spencer Group Plc LSE:MKS London Ordinary Share GB0031274896 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.80 -0.30% 265.10 265.10 265.30 267.40 264.00 266.40 750,041 09:50:50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc General Mdse Stores 11.93B 363.4M 0.1842 14.36 5.22B
Marks And Spencer Group Plc is listed in the Misc General Mdse Stores sector of the London Stock Exchange with ticker MKS. The last closing price for Marks And Spencer was 265.90p. Over the last year, Marks And Spencer shares have traded in a share price range of 154.30p to 293.20p.

Marks And Spencer currently has 1,972,347,176 shares in issue. The market capitalisation of Marks And Spencer is £5.22 billion. Marks And Spencer has a price to earnings ratio (PE ratio) of 14.36.

Marks And Spencer Share Discussion Threads

Showing 7751 to 7774 of 28250 messages
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DateSubjectAuthorDiscuss
08/11/2017
08:11
Been watching these for a while. Any thoughts on these footnotes, as this is where the increase in profits seems to have come from. Cheers. MU

Notes from todays' RNS:

Strategic programmes - Changes to pay and pensions

On 25 May 2016, the Group announced proposals for a fairer, simpler and more consistent approach to pay and premia as well as proposals to close the UK defined benefit (DB) pension scheme to future accrual effective from 1 April 2017.

The Group has committed to making transition payments to impacted employees in relation to the closure of the UK DB scheme, expected to be c. GBP25m in total over the next three years (including FY17/18). The charge in the period in relation to these transitional payments to employees is GBP6.7m.

As previously disclosed, the Group considers the costs directly associated with the closure of the UK DB scheme to be an adjusted item on the basis that they relate to a significant cost, impacting the Group results. Treatment of the transition payments made in the period within adjusted items is consistent with the disclosure of the UK DB scheme closure costs in FY16/17.

Strategic programmes - UK organisation

During FY16/17 the Group announced a wide-ranging strategic review across a number of areas of the business including customer, brand, UK organisation, UK store estate and International.

The Group has recognised a charge of GBP24.9m in relation to the programme to centralise our London Head Office functions into one building. The remaining GBP1.6m charge in the period represents redundancy costs associated with the UK organisation strategy.

These costs are considered to be an adjusted item as the total programme cost is significant in value and relate to a strategic initiative. Treatment of the redundancy costs in the period within adjusted items is consistent with the disclosure of the original UK organisation charges in FY16/17.

m4rtinu
08/11/2017
08:08
9m traded already in just 7min.
freedom97
08/11/2017
08:00
Analysts wrong on clothes but a bit of concern over food.

Overall I am positive.

simon templar qc
08/11/2017
07:47
Morning All,

So much better results than the analysts & market were predicting. Watch those shorts close! ;o)

Profit after tax up 432.1% from £15.9m to £84.6m

Net debt down 9.7% which is very good.

-- International profits trebled to GBP60.3m as a result of our decisive action to reduce losses in owned markets, as well as favourable currency movements.

Without brexit the £ would have been a lot stronger and todays results would have been much better. With the recent interest rate rise, this should strengthen the £ so make imports cheaper, hence more profit M&S will make.

freedom97
08/11/2017
07:47
I dont care much what the market thinks short term. More than happy to ride it and collect dividends

DIVIDEND

We have announced an interim dividend of 6.8p, level year-on-year. This will be paid on 12 January 2018 to shareholders on the register of members as at close of business on 17 November 2017.

Might add today :)

opodio
08/11/2017
07:41
I'm not sure the market will think awesome!,
however we will find out in 20 minutes or so.

essentialinvestor
08/11/2017
07:38
In a word :


AWESOME

debt down by £250m!!!
Jolly nice dividend coming

opodio
07/11/2017
20:27
Best guess for tomorrow's night close post results. ..

Somewhere between 310p and 340p :-)

philanderer
07/11/2017
18:52
Good food will be the salvation for Marks if they maintain this with growth. Marks needs to rethink its strategy and what to do with excess store space.
simon templar qc
07/11/2017
17:59
Yep, that Debenham`s gym idea is a weird one . I bet they've paid some consultancy firm big bucks for that brainwave :-D
philanderer
07/11/2017
17:50
NY give up now mate while you are behind, save more egg on your face at a later date.
simon templar qc
07/11/2017
17:42
For sure this simon not the Templar chap, seems to constantly post negative stuff, good job you’re not in charge of business development & creativity, otherwise, whoever you worked for would go bust.
ny boy
07/11/2017
17:21
Simon you don't know the first thing about retail..
qantas
07/11/2017
17:16
phil

What Marks needs to do is outline what their strategy is in attracting shoppers is in the stores all the competition done so.

Some of the ideas like gyms in Debenhams seem to me way off what is needed.

simon templar qc
07/11/2017
16:43
I suppose it's all about where you live...


Eurozone retail sales boosted by clothing and food


Eurozone retail sales grew in September, buoyed by sales of clothing, food and tobacco.

Eurostat, the European Union's statistics office, said retail sales in the region rose 0.7% month-on-month and 3.7% year-on-year.

The figures eclipsed a 0.4% fall in car fuel sales in the month.

Ireland, Denmark, Luxembourg and France led the stronger retail volumes, while the UK, Croatia and Lithuania had the biggest decreases.

philanderer
07/11/2017
16:38
ST, fair enough.

To be honest I can't see anything that's worth buying at the moment ;-)

philanderer
07/11/2017
16:24
That's strange Simon, the UK population is at it's highest level ever, the number of people in work is also at highest level ever, wages are highest ever, of course prices have also gone up on food & clothes, although electronic goods like computers are a lot cheaper than years ago and a lot more powerful. If what your saying is true that people have less money in the bank, then where are they spending it. Maybe they are buying shares with it. LOL!

Well, the Stockmarket has recently hit new highs. ;o)

freedom97
07/11/2017
16:22
phil

I am negative on all retailers as you have probably worked out and there needs to be a few go under.

To be honest Marks has a good brand image and I hope they survive;

Quite a number of retailers are in the same boat the weakest will survive the strongest will benefit.

Its too early to buy any retailers imo.

simon templar qc
07/11/2017
16:18
Well I'm missing something here as my BRBY share are +31% since january 1st.
philanderer
07/11/2017
16:14
Simon how did you get DEB so wrong today?

You know what they say about a faint heart never.

Please do your own research.

qantas
07/11/2017
16:10
ST, so surely if you believe that you don't buy retail shares ????
philanderer
07/11/2017
16:03
Anyone would think it's the end of the world :-)


Cheer up everyone . Buy something you think that will go up in value or short the @rse off something you think will go down.

I reckon MKS will stay more or less 310p - 350p and I`ve bought it for the income.

philanderer
07/11/2017
16:03
Marks and the rest of the retail are all advertising but with less money in peoples bank it will make not boost sales.
simon templar qc
07/11/2017
15:52
www.marksandspencer.com/c/christmas/christmas-tv-advert?extid=sm_yt_p_wow_paddingtonxmasvisitorcp

Please do your own research.

qantas
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