Marks Electrical reduces profit guidance despite rise in sales
As a result, the company now expects full year revenue to be in the range of £115-118m with EBITDA in the range of £5-6m
Marks Electrical has reduced its full-year profit guidance despite reporting a 22% increase in revenues to £88.9m for the nine months to December 23 and a 17.8% increase in revenues to £35.1m for the three months to December 23.