Marks Electrical posts revenue growth with ‘continued market share gains’
Marks Electrical has posted a boost in revenue and continues to gain market share in the major domestic appliance and consumer electronics markets.
The electricals retailer reported a 24.8% rise in revenue in the six months ending September 30, 2023, to £53.9m.
Its premium next-day service offerings with installation services saw “rapid growth” as it achieved more than 7,000 installation orders in the first half of the year, compared with 2,500 in the same period last year.
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