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Marks and Spencer Group plc profit after tax fell 31.3% in 2024/25.

The Claim

Marks and Spencer Group plc reported in its Annual Report and Financial Statements 2025 that its profit after tax fell 31.3% compared with the prior financial year.

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The Short Version

The annual-report disclosures support this figure exactly. Marks and Spencer Group plc reported statutory profit after tax of £291.9m for 2024/25 versus £425.2m for 2023/24, which is a 31.3% year-on-year decline. The only apparent discrepancy comes from separate accounts for Marks and Spencer plc, a different legal entity from the group named in the claim.

Caveats

  • Do not confuse Marks and Spencer Group plc with Marks and Spencer plc; they are different reporting entities and can show different profit figures.
  • The 31.3% figure refers to statutory profit after tax, not adjusted profit, operating profit, or another earnings measure.
  • The comparison is specifically FY 2024/25 against FY 2023/24 as reported in the 2025 annual-report package.

The Receipts

  1. Full Year Results for the 52 Weeks Ended 29 March 2025

    Marks & Spencer

  2. Marks and Spencer plc Financial Statements 2025

    Marks & Spencer Group plc

  3. Marks And Spencer Group Delivers Third Consecutive Year Of Growth

    DirectorsTalk

  4. Marks and Spencer Group plc Annual Report and Financial Statements 2025

    Marks & Spencer Group plc

  5. Final Results - Marks and Spencer Group plc - 20 May 2025

    London Stock Exchange

  6. M-and-S-2024-Annual-Report.pdf

    Marks & Spencer

  7. Final Results - MKS

    London Stock Exchange

  8. Full Year Results for the 52 Weeks Ended 28 March 2026

    Marks & Spencer Group plc

  9. Annual Report and Financial Statements 2026 - Marks & Spencer

    Marks & Spencer Group plc

  10. Marks and Spencer Group Plc Full Year Results for 52 Weeks Ended 30 March 2024

    Marks & Spencer

+ 9 more sources — see the full list on Lenz

Filed Under

Annual Report And Financial Statements 2025Marks and Spencer Group plc

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