Marks Electrical delivers record FY revenues

16th Apr 2024 10:03

(Sharecast News) - Electrical retailer Marks Electrical Group said on Tuesday that it had delivered record full-year revenues in the 12 months ended 31 March, driven by increased market share.

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Canaccord Genuity lowers target price on Marks Electrical

10th Jan 2024 09:21

(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on online retailer Marks Electrical from 123.0p to 100.0p on Wednesday, citing short-term product margin pressure.

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Marks Electrical tumbles after profit warning

10th Jan 2024 08:57

(Sharecast News) - Online electricals retailer Marks Electrical tumbled on Wednesday after a profit warning.

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Marks Electrical reiterates full-year targets despite profits slide

16th Nov 2023 11:04

(Sharecast News) - Marks Electrical Group reported a fall in half-year profits on Thursday, despite stronger revenues, after higher costs weighed heavily.

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London close: Retail stocks rise on mixed day for markets

8th Nov 2023 14:59

(Sharecast News) - London's stock markets experienced a mixed day of trading on Wednesday after a robust performance from the retail sector, led by gains from Marks and Spencer.

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Marks Electrical revenues jump 25% in H1

12th Oct 2023 07:17

(Sharecast News) - Marks Electrical reported a jump in first-half revenues on Thursday as it pointed to "continued trading momentum".

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Director dealings: CLS deputy chair linked to £1.3m buy, Marks Electical CFO invests

3rd Jul 2023 15:56

(Sharecast News) - On the list of director buys on Monday was CLS Holdings, after a £1.3m transaction was linked to its deputy chair.

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Shore Capital cuts rating on AO World

22nd Jun 2023 10:34

(Sharecast News) - Shore Capital has cut its recommendation on AO World to 'hold', after a rally in the share price.

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Marks Electrical reaches new full-year revenue record

14th Jun 2023 08:46

(Sharecast News) - Online electricals retailer Marks Electrical reported record-breaking full-year revenue of £97.8m in its preliminary results on Wednesday, up 21.5% from the prior year's revenue of £80.5m.

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Citi downgrades M&S to 'neutral', trims target price

18th May 2023 12:40

(Sharecast News) - Citi downgraded its stance on Marks & Spencer on Thursday to 'neutral' from 'buy' and trimmed the price target to 170p from 175p.

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Marks Electrical reports record FY revenues

12th Apr 2023 08:37

(Sharecast News) - Online electrical retailer Marks Electrical Group said on Wednesday that it had delivered record full-year revenues as it made continued market share gains throughout the period.

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Marks Electrical on track to achieve FY targets as sales rise

10th Jan 2023 09:37

(Sharecast News) - Online electrical retailer Marks Electrical said on Tuesday that it was on track to achieve its full-year targets as it reported a jump in sales, with a strong performance across categories.

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Marks Electrical H1 revenues rise but earnings dip

8th Nov 2022 07:05

(Sharecast News) - Online electrical retailer Marks Electrical posted a rise in first-half revenues on Tuesday as it continues to take market share, although group earnings dipped.

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Marks Electrical half-year revenues jump despite challenging backdrop

11th Oct 2022 07:22

(Sharecast News) - Online electricals retailer Marks Electrical reported a jump in first-half revenues on Tuesday as it grew market share despite a challenging backdrop.

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Marks Electrical hails strong start to year despite difficult backdrop

11th Aug 2022 09:02

(Sharecast News) - Marks Electrical reported a jump in revenues on Thursday as the online electricals retailer hailed "strong" trading in the four months to the end of July.

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