Close Window

Digital Look Email A Friend

Marks Electrical reports growth, but 'leaned too far' into lower-margin products

Published by Josh White on 12th November 2024

(Sharecast News) - Marks Electrical Group reported a solid first-half performance on Tuesday, with revenue rising 9.3% to £58.8m, driven by 13% volume growth in major domestic appliances and a more-than-90% increase in consumer electronics volumes, though it was impacted by a shift towards lower-margin non-premium products.

URL: http://www.digitallook.com/dl/news/story/34684315/...

Email this article to your friends
NOTE: These email addresses will be used to email the information on your behalf and will not be collected by Digital Look for any marketing purposes.