Annual report and financial statements 2008

Key performance indicators

Group revenue £m

  £m 2004/05 2005/06 2006/07 2007/08
UK Retail 7,034.7 7,275.0 7,977.5 8,309.1
International Retail 455.8 522.7 610.6 712.9
  Total 7,490.5 7,797.7 8,588.1 9,022.0
Group revenue £m, 2007/08: 9,022.0; 2006/07: 8,588.1; 2005/06: 7,797.7; 2004/05: 7,490.5

Group operating profit £m

  £m 2004/05 2005/06 2006/07 2007/08
UK Retail 588.4 790.1 956.5 972.9
International Retail 60.7 65.7 87.5 116.4
  Total 649.1 855.8 1,044.0 1,089.3
Group operating profit £m, 2007/08: 1,089.3; 2006/07: 1,044.0: 2005/06: 855.8; 2004/05: 649.1

Group profit before tax £m

Group profit before tax £m, 2007/06: 1,007.1; 2006/07: 965.2; 2005/06: 751.4; 2004/05: 556.1

Earnings per share

2007/08

43.6p

2006/07 40.4p

2005/06 31.4p

2004/05 19.2p

Market share volume

Clothing and footwear

2007/08

11.2%

2006/07 10.7%

2005/06 10.1%

 

  2005/06 2006/07 2007/08
Womenswear 8.8 10.0 10.0
Lingerie 16.7 18.3 17.9
Menswear 11.2 11.1 13.1
Kidswear 4.4 5.0 5.2

Market share value

Clothing and footwear

2007/08

11.0%

2006/07 11.1%

2005/06 10.4%

 

  2005/06 2006/07 2007/08
Womenswear 10.5 11.3 11.1
Lingerie 24.3 26.1 24.8
Menswear 9.6 10.3 10.5
Kidswear 4.2 4.5 4.8

Market share value

Food

2007/08

4.3%

2006/07 4.2%*

2005/06 4.1%

Note: As part of TNS’ annual restatements, data can sometimes alter in prior years as they make changes to definitions or clean up the data following more detailed information. This has always been the case and any changes are typically very small adjustments. This is a process that all data providers do as a part of due diligence.

* Rebased figure

Group gross margin

2007/08

38.6%

2006/07 38.9%

2005/06 38.3%

2004/05 34.7%

The profit measures above are from continuing operations and stated before property disposals and exceptional items.

Average weekly footfall

Average weekly footfall, 2004/05: 19.3m*; 2005/06: 19.8m*; 2006/07: 21.0m*; 2007/08: 21.4m

Approximately half of M&S UK stores are fitted with entrance cameras that record the number of people who visit our stores. This known footfall is analysed so that we can establish the ratios between the visits and sales, and then apply this to stores without cameras. A total average footfall figure can then be calculated.

In 2007/08 there was a change in methodology and an upgrade in technology that means we are more accurately capturing customer footfall. Previously we were under-stating our customer flow. We switched to enhanced technology – thermal image cameras that are more sensitive in picking up flow of individuals and separating groups of people as they walk into the store. We also increased the sample of annualised stores from 33 to 260, weighted to represent the whole chain.

* Rebased figure

Mystery shopping

Chart showing the yearly figures of Mystery shopping

Each of our stores is anonymously visited once a month – twice in the case of our larger flagship stores – by a mystery shopper who evaluates service quality. In 2007/08 that was the equivalent of approximately 6,240 visits to our stores. Scores for each question are validated through an online customer survey.

Operational CO2e emissions tonnes

Operational CO2 emissions tonnes, 2006/07: 517; 2007/08: 469; -9%; 2011/12: nil

We’ve reduced our carbon dioxide and equivalent emissions (CO2e) produced by our UK and Republic of Ireland stores, offices, warehouses, business travel and logistics. Emissions are down by 9% from 517,000 tonnes in 2006/07 to 469,000 tonnes, despite a 5% increase in sales-floor area.

Energy efficiency kWh/sq ft

Energy efficiency kWh/sq ft, 2006/07: 68; 2007/08: 65; -4%; 2011/12: 51

Waste sent to landfill tonnes

Waste sent to landfill tonnes; 2006/07: 54,000; 2007/08: 51,000; 2011/12: 0; -6%

For Plan A performance refer to the How we do business report.