Investor centre

Strong M&S food performance

Impressive food performance outlined in the Marks and Spencer half year results, providing further evidence of the continued resilience in the performance of the UK grocery market.

  • Food sales up 10.4% Yo2Y trending to larger food halls
  • Food sales on retail parks +23.3%
  • Food sales in city centre down 18.4%
  • Yo2 food operating profit up c.+56% rising to £143.7m from £92.2m from 2019/20
  • M&S Food growing market share
  • M&S product sales 27% of total Ocado sale c.£309m

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We manage a unique portfolio

Our handpicked, geographically diverse portfolio is a critical part of the UK’s feed the nation infrastructure. Interactive portfolio map with key statistics and full portfolio download.

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Details of our investment strategy, key characteristics, asset management and market backdrop 

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