UK 00:12 Thursday, 15 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
A “Board Change” announcement from online electrical retailer Marks Electrical Group (MRK) is that Chief Financial Officer Tom Pallatt “has informed the board of his decision to leave the company”. However, with he currently to “continue to fulfil his current role, which will include supporting and facilitating a smooth transition”, an orderly situation?
Yesterday on online electrical retailer Marks Electrical Group (MRK), I noted Competition & Markets Authority financial penalty conduct which dares not speak its name – if that’s “high standards of transparency and full compliance for the benefit of its customers” and taking its obligations under consumer and competition law seriously, I wouldn’t want to see what it regards as not doing that!, concluding it will be interesting to see the flows the full-year accounts show considering a still above £50 million market capitalisation and, at a 49p share price, still avoid/sell. What about now the results for its year ended 31st March 2026?
Online electrical retailer Marks Electrical Group (MRK) states that it “takes its obligations under consumer and competition law seriously and remains committed to maintaining high standards of transparency and full compliance for the benefit of its customers”, so ‘nothing to see’ in a “Conclusion of CMA Investigation” announcement today then?
Nationwide online electrical retailer Marks Electrical Group (MRK) has issued a “Trading Update and Update on Outlook” including that both adjusted EBITDA and net cash are “ahead of the range previously indicated… following a stronger than anticipated end to the year” and that it enters its new year with “positive trading momentum… expects sustainable growth in both revenue and profitability”. How good is this news from a currently just over 3% higher share price in response towards 50p?
Nationwide online electrical retailer Marks Electrical Group (MRK) is “pleased that we are able to report adjusted EBITDA ahead of market expectations… also pleased to announce the appointment of Tom Pallatt as Chief Financial Officer”. How ‘pleasing’ is the overall news from a currently up to 48p share price?
UK online electrical retailer Marks Electrical Group (MRK) has issued a “Response to CMA Announcement”-titled announcement including on the Competition and Markets Authority’s opening of an investigation into certain online pricing practices that its “product prices and service costs are shown separately and prominently, ensuring customers can make informed decisions before completing their purchase”. So no problem for it then?
UK online electrical retailer Marks Electrical Group (MRK) has announced results for its half-year ended 30th September 2025 with founder CEO Mark Smithson noting that, “with inventory now realigned, the group has returned to revenue growth and improved profitability in October, in line with revised forecasts” and that the group has taken measures to mitigate cost increases “and the benefits of these actions are beginning to materialise”. What about those relative to the valuation at a currently further down to 46.5p share price?
Most recently writing on ‘nationwide online electrical retailer’ Marks Electrical Group (MRK), in June with the shares at 60p I concluded that in an admitted “market where consumers continue to remain price conscious” I was sceptical on its “pivot back to a premium focused operating model” and concluded to avoid/sell. The shares most recently closed at 62p but what of now a “Q2 Trading Update” and the shares down to around 50p in response?
Most recently writing on online electrical retailer Marks Electrical Group (MRK), I noted ahead of its full-year results my asking what was the inflation rate the group experienced and why no adjusted EBITDA comparator also provided? The group has now announced results headlined “FY25 performance in line, continued delivery, strategic and operational progress, well positioned for year ahead”, so what of a currently approaching 5% lower share price response to 60p?
Online electrical retailer Marks Electrical Group (MRK) has announced that its CFO Josh Egan “has informed the board of his decision to leave the company to take up a new role as Chief Financial Officer of Roadchef”, with he stating “it’s never an easy decision to leave a great business, especially with the progress we have made over the last few years. However, the opportunity has arisen for me to take on an exciting new challenge”. Hmmm, what about this with the shares at 58.5p comparing to above 70p less than a year ago and a 110p per share AIM listing in 2021?
Nationwide online electrical retailer Marks Electrical (MRK) has issued a “FY25 Pre-close Trading Statement” firstly ‘highlighting’ “record full year revenue of £117.2m (FY24: £114.3m) representing a growth rate of 2.6%. Gross margin was maintained in the second half and improved distribution efficiency, along with controlled marketing costs has enabled the group to achieve a full year Adjusted EBITDA of approximately £4.2m”. How does that and the outlook compare to the valuation at a 57.5p share price?
In its year ended 31st March 2024 results statement towards the end of June, Marks Electrical (MRK), describing itself as “a fast-growing online electrical retailer”, emphasised on its trading and outlook a “strong trading performance in April, May and June, with double-digit revenue growth and momentum starting to pick-up following the weaker January to March trading period, providing us with optimism for the year ahead”. So now positive results for its half-year ended 30th September 2024?
