Marks Electrical Group plc (“Marks Electrical” or “the Company” or “the Group”), the online electrical retailer, today provides a further update following the Company’s Pre-Close Trading Update issued on 26 March 2026, ahead of its unaudited final results for the year ended 31 March 2026 (“FY26”), which are expected to be published in June.
Previously announced, the Group expects to deliver full year revenue of £108.5m. Following a stronger than anticipated end to the year, unaudited adjusted *EBITDA was £2.65m and net cash was £4.45m at year end, both ahead of the range previously indicated.
Outlook for Next Financial Year
The Group enters FY27 with positive trading momentum and a strengthened cash position. Building on the progress made during FY26, the Board expects sustainable growth in both revenue and profitability in FY27 as the benefits of its disciplined focus on margin and operational efficiency continue to be realised.
*EBITDA – Earnings Before Interest, Taxes, Depreciation and Amortisation
FY – Financial Year
