M&S CFO Helen Weir to resign after H1 profit falls 5.3 percent

For the 26 weeks to September 30, 2017, Marks and Spencer Group (M&S) revenues totaled 5,125.6 million pounds (6,742 million dollars) against 4.993.5 million pounds (6,568 million dollars) last year, representing an increase of 2.6 percent. Profit before tax and adjusted items declined by 5.3 percent to 219.1 million pounds (288 million dollars) over the same period last year. In a separate release, M&S also announced that the company has begun search for a new CFO to succeed current chief finance officer Helen Weir.