In 2022 we introduced our “Reshaping M&S for Growth” plan with the objective of protecting the magic of M&S and modernising the rest. Executing that strategy has delivered a three consecutive year of growth in sales and market share, profit and improving return on capital. Disciplined capital allocation and a much stronger balance sheet have put M&S on a robust financial footing, increasing resilience and creating capacity for future growth.
We have a clear plan to drive growth and cash generation, with an ambition to deliver long - term value creation and returns for shareholders.
