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Birmingham Post
Birmingham Post
Business
Laura Watson

Online retailer Marks Electrical reports record revenue

Online electrical goods retailer Marks Electrical is on track for a record year after seeing revenue rise to more than £80 million.

In a recent trading update, the Leicester-based company revealed revenue for the 12 months to March 31, 2022 (FY22) rose by 44 per cent to £80.5 million - up from £56 million in 2021.

The AIM-listed company says its performance has been helped by strong demand for domestic appliances, such as fridge freezers, washing machines and TVs.

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