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Aalsmeer Flower Auction - Information Systems FINANCIAL SUMMARY - (http://www.nextplc.co.uk/nextplc/financialinfo/) pass off in the first half was better than expected and the craft has proved itself resilient in the face of a scant(p) consumer environment. Sales and operating margins were ahead of last year in both retail and Directory. Financial highlights are as follows: sort r crimsonues increase to £1,512m Group operating profit increases to £199m Earnings per parcel rise to 68.2p Cash inflow of £114m Net debt reduced to £514m, racy debt facilities of £1bn Interim dividend increased by 1p to 19p Sales in the terzetto quarter to 31 October 2009 was better than expected, with both close Retail and Next Directory performing ahead of the second half even as the consumer environment remains somewhat subdued. The improvement of the ranges peculiarly that of Womenswear resulted from increased newness and the early adoption of new trends. In Directory, the sacrosanct performance of Homeware ranges and better stock availability generally be possessed of both contributed to the sales improvement.

MANAGEMENT OVERVIEW Based on an screening of McKinseys 7-S model one can conclude the following: Nexts strategy is to be a highly cerebrate operation combined with continued return of cash to shareholders whilst chronic to deliver great product and service to customers and a ample return to shareholders. The management structure of Next PLC Next uses matrix management to organize their work force, all the employees working at heart the same environment i.e. retail shop, call centre get out report to the supervisor of that environment, who then in turn volition report to their manager. Firstly this discontinues team members to share information to a greater extent readily across task boundaries and may also allow for specialization that would increase knowledge and allow professional developing and career progression. . Management is marketing orientated for them customers are top... If you indirect request to get a full essay, order it on our website: Ordercustompaper.com

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