LONDON, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Marks and Spencer PLC (MKS) based in London, and focused on ‘The Beginnings of a New M&S’, today announced that Fraser Ramzan and Helen Lee will present at the dbVIC - Deutsche Bank American Depositary Receipt (ADR) Virtual Investor Conference on September 24. This virtual investor conference is aimed exclusively at introducing global companies with ADR programs to investors.

This will be a live, interactive online event where investors are invited to ask the company questions in real-time - both in the presentation hall as well as the organization’s “virtual trade booth.” If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates.

Participation is free of charge.

Recent Company Financial Highlights

• Profit before tax and adjusting items of £716.4m (2022/23: £453.3m).
• Statutory profit before tax of £672.5m (2022/23: £475.7m).
• Food sales up 13.0%; adjusted operating profit £395.3m (2022/23: £248.0m) and margin of 4.8%.
• Clothing & Home sales up 5.3%; adjusted operating profit £402.8m (2022/23: £323.8m) and margin of 10.3%.
• Ocado Retail JV; share of adjusted loss £37.3m (2022/23: £29.5m).
• International (exc. ROI) constant currency sales down 1%, adjusted operating profit £47.7m (2022/23: £67.9m).
• Adjusted return on capital employed 14.1% (2022/23: 10.6%)

About Virtual Investor Conferences® Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

Contacts

Marks and Spencer PLC Fraser Ramzan Head of Investor Relations +44 (0) 7554 227 758 Fraser.Ramzan@marks-and-spencer.com

Helen Lee Head of Finance - Head of Investor Relations +44 (0) 7880 294 990 Helen.Lee@marks-and-spencer.com

Virtual Investor Conferences John M. Viglotti SVP Corporate Services, Investor Access OTC Markets Group (212) 220-2221 johnv@otcmarkets.com