Frasers Group to buy South Africa's Holdsport
26th Nov 2024 12:23
(Sharecast News) - Mike Ashley's Frasers Group said on Tuesday that it has agreed to buy South African sporting, outdoor and recreation goods company Holdsport for an undisclosed sum.
Read moreMarks Electrical reports growth, but 'leaned too far' into lower-margin products
12th Nov 2024 08:48
(Sharecast News) - Marks Electrical Group reported a solid first-half performance on Tuesday, with revenue rising 9.3% to £58.8m, driven by 13% volume growth in major domestic appliances and a more-than-90% increase in consumer electronics volumes, though it was impacted by a shift towards lower-margin non-premium products.
Read moreMarks Electrical reports record full-year revenue
26th Jun 2024 08:46
(Sharecast News) - Marks Electrical Group reported record full-year revenue of £114.3m in its final results on Wednesday, marking a 16.9% increase from £97.8m in 2023, and a significant doubling of revenue since the £56m it recorded in 2021, the year prior to its listing.
Read moreMarks 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.
Read moreCanaccord 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.
Read moreMarks Electrical tumbles after profit warning
10th Jan 2024 08:57
(Sharecast News) - Online electricals retailer Marks Electrical tumbled on Wednesday after a profit warning.
Read moreMarks 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.
Read moreLondon 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.
Read moreMarks 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".
Read moreDirector 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.
Read moreShore 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.
Read moreMarks 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.
Read moreCiti 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.
Read moreMarks 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.
Read moreMarks 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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