The Amazon of washing machines: How Marks Electrical is taking on the titans

Two delivery drivers unloading a washing machine from a Marks Electrical van

Marks Electrical reported record results in its maiden full year as a listed company this week, with sales up 44% to £80.5m in the year to March 31, against a strong comparable of 78% revenue growth the previous year.

The online electricals retailer also reported an adjusted EBITDA of £7.2m with a 9% profit margin.

 

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