Profitability - Additional Question 1 answer
|Marks & Spencer Profitability||2002||2001|
|Gross profit margin||15.65%||11.41%|
|Operating profit margin||7.91%||5.45%|
M&S has had a successful year in 2002 as its rates of gross and operating profitability have increased. Whilst turnover has increased only slightly over the two year period, profits have grown more quickly.
Why not try question 2?