Marks Electrical sells, delivers, installs and recycles a wide range of household electrical products. The Marks Electrical group was founded in Leicester in 1987 by its Chief Executive Officer, Mark Smithson, and has expanded into a nationwide online retailer, with a strong track record of growth and scaling the business as a result of the consumer shift to online shopping.
Strong sales growth momentum remains in place
Marks Electrical’s sales growth remained strong at 17.8% in Q3, and the company appears on track to...
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Market share gains and efficiency drive cash flow
Results confirm 24.8% sales growth to £53.9m in H1, and despite lower EBITDA margins, Marks...
Read moreService uplift sparks 25% sales growth
Marks Electrical Group’s sales revenue advanced by 24.8% in the first half of its 2024 financial...
Read moreSales growth exceeds 30% so far in FY2024
Marks Electrical Group (MRK) released a trading update ahead of its AGM. The company enjoyed strong...
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Built-in installations enhance growth outlook
Marks Electrical's preliminary FY2023 results confirmed the 21.5% sales growth and £7.5m EBITDA...
Read moreSales advance by 21.5% to £97.8m in FY2023
A better than-expected 21.5% increase in sales revenue to £97.8m, higher EBITDA margins and strong...
Read moreRevenue growth accelerates to 33.4% in Q3
Rapid 33.4% revenue growth, margin expansion relative to the first half, and a record level of...
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Connecting the growth drivers
Marks Electrical’s 15.1% first half sales growth was announced in last month's trading update,...
Read moreMarket share gains drive strong sales growth in H1
Continued and sizeable market share gains drove a 15.1% increase in first half sales for Marks...
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