Marks and Spencer Group plc (MKS) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello everybody, it's Archie Norman here and welcome to the M&S 2024 results. You know, one of the things I've found over the years is that for some reason, whatever results we produce at M&S, people find them surprising. recent years surprising in a good way at least i would like to think so and our ambition is not to be boring i don't think we'll ever quite achieve that but it is to produce consistent growth in sales in market share in profit and shareholder returns and what you see in this set of results under a very strong leadership team is a good performance, which is the outcome of the management team doing what they said they would do in reshaping M&S. So I'm not going to say any more. I'm going to hand you over to Stuart, who's going to talk about the performance from a shop somewhere, as you would expect. And then Jeremy will go through the financial results, probably not from a shop. Stuart will sum up. And then there'll be lots of time for questions and discussion. Thank you. Thank you, Archie. Well, good morning everyone from our store in Lakeside, Thurrock, one of our 104 bigger, better, fresher renewal stores. If you're watching on the 22nd of May, there is a conference call for analysts and investors at 9.30am when we will be available to answer your questions. There are three parts to today's presentation. First, an update from me on this year's performance highlights. Jeremy will then walk you through the financials in detail. And finally, I will share where we've made progress and where the opportunities remain in the year ahead and beyond. Then I will close with our outlook for the year. So it's been a good year of progress. Progress against our strategic priorities which we set out at our Capital Markets Day. Our strategy to reshape M&S has deliv...