Board Change • Jul 06
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Founder, CEO & Director Mark Smithson is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Jul 05
Marks Electrical Group plc Announces Resignation of Tom Pallatt from Chief Financial Officer Marks Electrical Group plc announced that Tom Pallatt, Chief Financial Officer, had informed the Board of his decision to leave the Company. Marks Electrical is now commencing a process to appoint a successor. Tom, who remains a director of the Company, will continue to fulfil his current role, which will include supporting and facilitating a smooth transition. Reported Earnings • Jun 25
Full year 2026 earnings released: UK£0.004 loss per share (vs UK£0.014 loss in FY 2025) Full year 2026 results: UK£0.004 loss per share (improved from UK£0.014 loss in FY 2025). Revenue: UK£107.9m (down 7.9% from FY 2025). Net loss: UK£421.0k (loss narrowed 71% from FY 2025). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Tillkännagivande • Jun 20
Marks Electrical Group PLC Proposes No Final Dividend for the Financial Year Ended 31 March 2026 Marks Electrical Group PLC announced that no final dividend is proposed for the year ended March 31, 2026 as the company prioritize delivering trading profit recovery in the year ahead as compared to 0.66 pence per share in the previous year. Buy Or Sell Opportunity • Jun 10
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 5.1% to €0.52. The fair value is estimated to be €0.43, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Meanwhile, the company became loss making. Tillkännagivande • Feb 12
Marks Electrical Group plc Announces Appointment of Helen Flear as Independent Non-Executive Director and Chair of Audit and Risk Committee, Effective April 1, 2026 Marks Electrical Group plc announced the appointment of Helen Flear as Independent Non-Executive Director of the Group with effect from April 1, 2026. Helen is an experienced board-level business advisor with over 30 years' experience working across both private and public sectors. Having worked at PWC for 17 years, including Director level roles with significant exposure to transaction services and corporate reorganisation, Helen will bring a wealth of technical, operational and strategic experience. Helen will chair the Audit and Risk Committee. Helen Elizabeth Flear, aged 59, is currently a director at Platform 4 Consulting Ltd. and has no previous directorships in the past five years. Tillkännagivande • Jan 26
Marks Electrical Group PLC Announces Board and Committee Changes Marks Electrical Group PLC announced that the Company and Warren Middleton have agreed that he will step down from the board 23 January 2026. The Company have identified a replacement who is expected to be appointed in due course subject to onboarding. Until the new appointment is finalised, the duties of Chairing the Audit and Risk committee and Remuneration Committee will pass to Darren Bowkett and Christopher Czarnecki respectively. Tillkännagivande • Jan 02
Marks Electrical Group plc Announces the Appointment of Christopher Czarnecki as Independent Non-Executive Director, Effective 31 December 2025 Marks Electrical Group plc announced the appointment of Christopher Czarnecki as Independent Non-executive Director of the Group with effect from 31 December 2025. Christopher has over 30 years of technical experience and has served since April 2001 as Founder and CTO of En Lighten Technology Ltd, providing consultancy on enterprise architecture, cloud migration, engineering transformation and the application of emerging technologies. He holds a Ph.D. in Computer Science and previously worked at De Montfort University as a Principal Lecturer and Researcher. His experience includes board level advisory work and leading large-scale engineering and technology transformation initiatives. It is intended that Christopher will also join the Group's Audit and Risk, Remuneration and Nomination Committees. Further to the announcement on 4 December 2025, the Company confirms that Darren Bowkett's appointment as Chair of the Group is effective as of 02 January 2026. As required by Schedule 2(g) of the AIM Rules for Companies, the Company confirms that Christopher Antoni Czarnecki (aged 62) is currently or has been a director of the following companies within the past five years: Current Directorships: En-Lighten Technology Ltd. Tillkännagivande • Dec 05
Marks Electrical Group plc Announces Chair Succession and Board Changes Marks Electrical Group plc announced that Marnie Millard, Chair, has informed the Board of her decision to step down from the Board on December 31, 2025. As part of the Group's ongoing succession planning, the Board announced that Darren Bowkett has been appointed Marnie's successor and will assume the role of Chair and join the Board on January 2, 2026. Marnie joined Marks Electrical as Chair in 2021 as part of the IPO and has been an integral part of the Board, helping support the transition from a successful family-owned business into a publicly traded company. Darren Bowkett has worked for Ibstock Group plc for over 40 years and during this time has developed significant operational and practical expertise. Darren is currently Strategic Projects Director at Ibstock Brick and over the last 12 years has had several Director roles in the Ibstock Group including responsibility for running some of its key businesses. As required by Schedule 2(g) of the AIM Rules for Companies, the Company confirms that Darren Bowkett (aged 57) is currently or has been a director of the following companies within the past five years: Previous Directorships: Ibstock Brick Aldridge Property Limited, Ibstock Brick Himley Limited, Ibstock Brick Limited, Ibstock Brick Nostell Limited, Ibstock Brick Roughdales Limited, Ibstock Hathernware Limited, Ibstock Westbrick Limited, Kevington Building Products Limited, Loopfire Systems Limited, Moore & Sons Limited, Wealdbeam Systems Limited. As announced on November 12, 2025 in the Company's interim results, the Company confirms that Alyson Fadil has now left the Board. the Company confirms that Darren Bowkett (aged 57) is currently or has been a director of the following companies within the past five years: Previous Directorships: Ibstock Brick Aldridge Property Limited, Ibstock Brick Himley Limited, Ibstock Brick Limited, Ibstock Brick Nostell Limited, Ibstock Brick Roughdales Limited, Ibstock Hathernware Limited, Ibstock Westbrick Limited, Kevington Building Products Limited, Loopfire Systems Limited, Moore & Sons Limited and Wealdbeam Systems Limited. Tillkännagivande • Sep 27
Marks Electrical Group plc Provides Revenue Guidance for the Second Half of Fiscal Year Ending March 31, 2026 Marks Electrical Group PLC provided revenue guidance for the second half of fiscal year ending March 31, 2026. As look ahead to second half of fiscal year 2026 and peak trading period, the company has made a strategic decision to invest into stock and expect revenue in the second half to exceed that in second half of fiscal year 2025. Whilst the company expects to see a return to revenue growth in second half of fiscal year 2026, the weaker trading in first half of fiscal year 2026, coupled with the reduced operating leverage, is expected to have a material impact on full year profit guidance. Tillkännagivande • Sep 25
Marks Electrical Group PLC to Report First Half, 2026 Results on Nov 13, 2025 Marks Electrical Group PLC announced that they will report first half, 2026 results on Nov 13, 2025 Tillkännagivande • Aug 08
Marks Electrical Group plc Declares Final Dividend for the Financial Year Ended 31 March 2025 to Be Paid on 14 August 2025 Marks Electrical Group PLC declared a final dividend of 0.66 pence per ordinary share for the financial year ended 31 March 2025 to be paid on 14 August 2025 to the ordinary shareholders. Tillkännagivande • Aug 01
Marks Electrical Group plc Announces Josh Egan Steps Down from the Board Marks Electrical Group plc confirmed that, further to the announcement on 6 June 2025, on 31 July 2025 was Josh Egan's final day as Chief Financial Officer, and he has accordingly stepped down from the Board. Tillkännagivande • Jun 26
Marks Electrical Group PLC, Annual General Meeting, Aug 07, 2025 Marks Electrical Group PLC, Annual General Meeting, Aug 07, 2025. Location: the companys registered office, 4 boston road, leicester le4 1au, United Kingdom Tillkännagivande • Jun 25
Marks Electrical Group plc Recommends Final Dividend for Year Ended March 31, 2025, Payable on 7 August 2025 Marks Electrical Group PLC board recommended a final dividend of 0.66 pence per share for year ended March 31, 2025, whilst this represents a higher payout ratio than company's stated 20% objective. The final dividend will be paid (subject to shareholder approval at the AGM) on 7 August 2025 to shareholders who are on the register at the close of business on 11 July 2025, and shares will be marked ex-dividend on 10 July 2025. Tillkännagivande • Jun 06
Josh Egan Announces Decision to Leave as Chief Financial Officer of Marks Electrical Group PLC Marks Electrical Group plc announced that Josh Egan, Chief Financial Officer, has informed the Board of his decision to leave the Company to take up a new role as Chief Financial Officer of Roadchef. Marks Electrical is now commencing a process to appoint a successor. Josh, who remains a director of the Company, will continue to fulfill his current role, which will include supporting the business through its Preliminary Results in June and facilitating a smooth transition. A further announcement will be made as appropriate. Tillkännagivande • Apr 10
Marks Electrical Group PLC to Report Fiscal Year 2025 Results on Jun 25, 2025 Marks Electrical Group PLC announced that they will report fiscal year 2025 results on Jun 25, 2025 Tillkännagivande • Nov 26
Frasers Group Plc (LSE:FRAS) acquired 6.42% stake in Marks Electrical Group PLC (AIM:MRK). Frasers Group Plc (LSE:FRAS) acquired 6.42% stake in Marks Electrical Group PLC (AIM:MRK) on November 25, 2024. As part of the acquisition, Frasers Group Plc acquired 6.7 million ordinary shares in Marks Electrical Group PLC.
Frasers Group Plc (LSE:FRAS) completed the acquisition of 6.42% stake in Marks Electrical Group PLC (AIM:MRK) on November 25, 2024. Declared Dividend • Nov 14
First half dividend of UK£0.003 announced Shareholders will receive a dividend of UK£0.003. Ex-date: 28th November 2024 Payment date: 20th December 2024 Dividend yield will be 1.9%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 20% per year over the past 2 years. However, payments have been volatile during that time. Board Change • Nov 06
Less than half of directors are independent Following Non-Executive Director Warren Middleton's arrival on 01 November 2024, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Chair Marnie-Jane Millard was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Nov 03
Marks Electrical Group plc Appoints Warren Middleton as Non-Executive Director Marks Electrical Group plc confirmed that, further to the announcement on 17 October 2024, Warren Middleton has been appointed as Non-executive Director of the Group. Mr. Warren Ronald Middleton (aged 54) is currently or has been a Director of the following companies within the past five years: Past Directorships (in the last five years):- KPMG Acceleris Limited, KPMG Europe Llp, KPMG Llp. Tillkännagivande • Oct 17
Marks Electrical Group PLC Announces Resignation of David Wilkinson as Non-Executive Director Marks Electrical Group PLC announced David Wilkinson has resigned from the Board and as a Non-Executive Director of the Company with immediate effect. New Risk • Sep 17
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 236% The company is paying a dividend despite having no free cash flows. Dividend yield: 1.6% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 236% Paying a dividend despite having no free cash flows. Minor Risks Profit margins are more than 30% lower than last year (0.4% net profit margin). Market cap is less than US$100m (€73.1m market cap, or US$81.3m). Tillkännagivande • Aug 09
Marks Electrical Group plc Declares Final Dividend for the Financial Year Ended 31 March 2024, Payable on 15 August 2024 Marks Electrical Group plc at its Annual General Meeting held on 08 August 2024 approved to declare a final dividend of 0.66 pence per Ordinary Share for the financial year ended 31 March 2024 to be paid on 15 August 2024 to the shareholders on the Company's register of members at the close of business on 12 July 2024. Tillkännagivande • Jul 21
Marks Electrical Group PLC to Report First Half, 2025 Results on Nov 12, 2024 Marks Electrical Group PLC announced that they will report first half, 2025 results on Nov 12, 2024 Tillkännagivande • Jul 10
Marks Electrical Group PLC, Annual General Meeting, Aug 08, 2024 Marks Electrical Group PLC, Annual General Meeting, Aug 08, 2024. Location: the companys registered office, 4 boston road, le4 1au, leicester United Kingdom Reported Earnings • Jun 27
Full year 2024 earnings released: EPS: UK£0.004 (vs UK£0.049 in FY 2023) Full year 2024 results: EPS: UK£0.004 (down from UK£0.049 in FY 2023). Revenue: UK£114.3m (up 17% from FY 2023). Net income: UK£427.0k (down 92% from FY 2023). Profit margin: 0.4% (down from 5.3% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Specialty Retail industry in Germany. Tillkännagivande • Jun 26
Marks Electrical Group PLC Recommends Final Dividend for the Year Ended March 31, 2024, Payable on 15 August 2024 Marks Electrical Group PLC recommended final dividend of 0.66 pence (2023: 0.66 pence) for the year ended March 31, 2024. The final dividend will be paid (subject to shareholder approval at the AGM) on 15 August 2024 to shareholders who are on the register at the close of business on 12 July 2024, and shares will be marked ex-dividend on 11 July 2024. Board Change • Jun 16
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Founder, CEO & Director Mark Smithson is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Tillkännagivande • Apr 16
Marks Electrical Group PLC to Report Fiscal Year 2024 Results on Jun 27, 2024 Marks Electrical Group PLC announced that they will report fiscal year 2024 results on Jun 27, 2024 Tillkännagivande • Jan 11
Marks Electrical Group PLC Provides Revenue Guidance for the Year 2024 Marks Electrical Group PLC announced that the company now expect full year revenue to be in the range of £115 million -118 million. Going forward, The company expects to see continued revenue growth in-line with expectations, but remain cautious on the speed of recovery in consumer buying patterns, which The company expects to temporarily impact the recovery of gross product margin. Reported Earnings • Nov 20
First half 2024 earnings released: EPS: UK£0.008 (vs UK£0.017 in 1H 2023) First half 2024 results: EPS: UK£0.008 (down from UK£0.017 in 1H 2023). Revenue: UK£53.9m (up 25% from 1H 2023). Net income: UK£873.0k (down 50% from 1H 2023). Profit margin: 1.6% (down from 4.0% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Specialty Retail industry in Germany. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €1.01, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 9x in the Specialty Retail industry in Germany. Total returns to shareholders of 57% over the past year. Tillkännagivande • Oct 13
Marks Electrical Group PLC to Report First Half, 2024 Results on Nov 17, 2023 Marks Electrical Group PLC announced that they will report first half, 2024 results on Nov 17, 2023 Board Change • Aug 15
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Founder, CEO & Director Mark Smithson is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 
