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		</div><p>The City will look for more details on how the new boss at Marks &#038; Spencer plans to turn the retailer around, profits at airline Ryanair are expected to soar despite recent terror attacks, while top brass at Royal Dutch Shell will be wary of a rough ride over pay at the oil major&#8217;s AGM.</p>
<p>M&#038;S&#8217;s new boss Steve Rowe will be looked to for further details on his turnaround plan for the retailer&#8217;s beleaguered clothing division when he reports full-year figures on Wednesday.</p>
<p>Mr Rowe &#8211; who took on the top job from Marc Bolland in April &#8211; pledged to restore the fortunes of its general merchandise arm after reporting a 2.7% slide in like-for-like sales for the 13 weeks to March 26.</p>
<p>He branded the performance as &#8221;unsatisfactory&#8221; and has said he would remain in charge of the clothing business because he was &#8221;personally committed&#8221; to getting it right.</p>
<p>He has a task on his hands, however, given the dismal conditions for womenswear retailers in April, with Next recently warning over profits after last month&#8217;s cold weather.</p>
<p>It said the lacklustre figures could indicate a wider slowdown in consumer spending.</p>
<p>But despite the ongoing woes at the clothing division, M&#038;S&#8217;s annual underlying pre-tax profits are expected to edge higher, up 1.8% to £673m.</p>
<p>This would mark the second full-year profits rise in a row after it halted a four-year run of falling earnings in the previous year.</p>
<p>M&#038;S has been helped by robust performance from its food division, which held like-for-like sales flat against tough conditions in the grocery sector amid a supermarket price war.</p>
<p>The chain has also been making efforts to cut sourcing costs in the general merchandise business, which is helping push up profits.</p>
<p>But investors will be keen to hear more on Mr Rowe&#8217;s plans for the group following his move to cull a raft of senior executives earlier this month.</p>
<p>He announced he will almost halve the number of senior executives from 20 to just 11 as part of a management reshuffle.</p>
<p>The group has also recently scored another coup for its clothing business in the fight to revive flagging sales by sealing a tie-up in February with TV presenter Alexa Chung to launch a fashion collection inspired by the company&#8217;s extensive range.</p>
<p>Shore Capital analysts said they have faith in the new chief executive, saying: &#8220;M&#038;S is in good hands, to our minds.&#8221;</p>
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