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M&S posts profit growth, restores dividend

Marks & Spencer (M&S) recorded a first half pre-tax profit increase to 360.2 million pounds and statutory pre-tax profit increase to 325.6 million pounds. M&S Clothing & Home sales were up 5.7 percent with LFL sales up 5.5 percent and adjusted operating profit rose to 223.4 million pounds and margin was 12.1 percent. The company said in a...