Marks Electrical improves losses but revenue slips

Marks Electrical - Image

Marks Electrical has posted its full-year trading results, showing an improved second half of the year with improved losses. However, revenues were down.

In the 12 months to March 31, underlying revenue fell 7.5% year-on-year from £117.2m to £108.4m, due to the group discontinuing its “low margin, often loss making” marketplace activity to focus on organic routes to market.

 

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