Chief executive Marc Bolland recently announced plans to re-start trading in France Related Stories
Marks & Spencer says it has defied the retail gloom to delivery a 12.9% jump in annual pre-tax profits to £714.3m.
The profits came on revenues up 4.2% to £9.2bn, with M&S improving margins in the key clothing and food divisions.
Marc Bolland, delivering his first annual figures since taking over as chief executive last year, said it had been a “good year” for the business.
But he remained cautious about the retail environment because of pressure on consumer spending.
The chain runs 600 stores in the UK and 300 overseas, and recently announced plans to move back into France.
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