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

By Josh White

Date: Tuesday 12 Nov 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.
The AIM-traded firm said...

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