UK's Marks Electrical estimates FY26 revenue and EBITDA exceed prior guidance

Marks Electrical

13/04/2026 07:11

Overview

UK online electrical retailer expects FY26 revenue of £108.5 mln, ahead of prior guidance

Unaudited adjusted EBITDA for FY26 came in at £2.65 mln, also above prior guidance

Company enters FY27 with positive trading momentum and a strengthened cash position

Outlook

Marks Electrical expects sustainable growth in revenue and profitability in FY27

Company enters FY27 with positive trading momentum and strengthened cash position

Result Drivers

STRONG YEAR-END TRADING - Co said stronger than anticipated end to FY26 lifted revenue and adjusted EBITDA above prior guidance

MARGIN AND EFFICIENCY FOCUS - Board expects benefits from disciplined focus on margin and operational efficiency to support sustainable growth

Company press release: ID:nRSM0796Aa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
GBP 108.50 mln
FY Adjusted EBITDA
GBP 2.65 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the household electronics peer group is "buy."

Wall Street's median 12-month price target for Marks Electrical Group PLC is GBp50.00, about 5.3% above its April 10 closing price of GBp47.50

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)