UK's Marks Electrical Group rises on upbeat FY27 profit outlook

Marks Electrical

30/09/2026 09:49

** Shares of online electrical retailer Marks Electrical Group MRKM.L up about 7% at 49p 
** Co expects full-year adjusted EBITDA to be ahead of market expectations, at no less than £3.75 million ($4.98 million) for FY27
** Expects full-year revenue for the year ending March 31, 2027 to be broadly in line with market expectations
** Appoints Philip Luke De Villanueva as CFO with effect from December 1, 2026
** YTD, stock up about 7%
($1 = 0.7535 pounds)

(Reporting by Roshni Srivastava in Bengaluru)
((roshni.srivastava@thomsonreuters.com))