Online electricals retailer Marks Electrical (LON: MRK) continues to gain market share in its core domestic appliance market, as well as new markets such as televisions. Marks Electrical has already invested in additional capacity so it can cope with much more growth over the coming years.
Full year revenues were 44% ahead at £80.5m and EBITDA margins are 9%. The fourth quarter revenues to March 2022 were 19% ahead at £20.7m. The comparatives are particularly strong because they were during a period of lockdowns when online sales made up a higher proportion of appliance sales.
There has...
