Marks Electrical reports record sales amid ‘significant strategic change’

Marks Electrical reported record sales in its annual pre close trading update ahead of its full year results, as it experienced a “period of significant strategic change and progress”.
The appliance specialist, which saw its profit halve in November, pulled in full-year revenues of £117.2m for the 12 months ended 31 March, up 2.6% year-on-year.
Additionally, its EBITDA hit approximately £4.2m for the period, as it maintained its group margin in its second half, improved i