Marks Electrical hails strong sales ahead of AGM

Marks Electrical sprinter van outside Marks Electrical store

Marks Electrical hailed strong sales growth in the first four months of the year “driven by excellent customer service” ahead of its AGM today.

In a trading update for the four months to July 2023, Marks Electrical said its sales saw a growth of 30.7% to £36.2m, compared with the £27.7m in sales the business reported during the same period last year.

The electricals retailer said its major domestic appliances share increased from 2.4% to 3%, while the online segment of the market grew from 4.5% to 5.7% compared with the same time last year.

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Get premium access

£5 A MONTH for 3 months

Subscribe now