Marks Electrical profits dip despite growth in sales

Marks Electrical - Image

Source: Marks Electrical

Marks Electrical has posted a dip in half-yearly profits despite a growth in sales as consumers traded down to non-premium products, reducing profit margins.

The pureplay electrical retailer posted an adjusted EBITDA of £2m in the six months to September 2024, down from £2.3m last year.

 

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