NEWS 4
Marks Electrical expects “stronger than anticipated” end of year results
METZ UK strengthens retail focus with appointment of Jason
Roberts as area sales manager METZ UK has announced the appointment of Jason Roberts as area sales manager, reinforcing its continued commitment to strengthening relationships across the independent electrical retail channel, with a particular focus on Euronics partners.
Mr Roberts joins METZ with extensive experience in regional sales management, retail operations and brand development, and brings a proven track record in driving revenue growth and building long-term customer relationships. In his new role, he will
report to Rob Peacock and will be responsible for managing and developing partnerships with Euronics retailers, supporting in-store performance and enhancing brand visibility for the METZ TV range. Rob Peacock at METZ commented, “Jason brings a wealth of hands-on
retail and field sales experience, along with a deep understanding of how to support and grow independent retailers. His ability to create strong relationships and deliver results in-store makes him an excellent fit for METZ as we continue to invest in our presence within the Euronics network and further develop our business in the UK.”
Jason Roberts added, “I’m pleased to be joining METZ at an exciting time for
the business. I look forward to working closely with Euronics’ specialist retailers around the UK, supporting the growth of the METZ brand, and helping to drive strong in-store performance through effective merchandising, training and customer engagement.”
Marks Electrical has provided a further update following the Company’s Pre-Close Trading Update issued on 26 March 2026, ahead of its unaudited final results for the year ended 31 March 2026 (“FY26”), which are expected to be published in June. As previously announced, the Group expects to deliver full year revenue of £108.5m. Following a stronger than anticipated end to the year, unaudited adjusted EBITDA was £2.65m and net cash was £4.45m at year end, both ahead of the range previously indicated. The company is entering the next financial year, for 2027, with positive trading momentum and a strengthened cash position. Building on the progress made during FY26, the Board expects sustainable growth in both revenue and profitability in FY27 as the benefits of its disciplined focus on margin and operational efficiency continue to be realised, the company said in a statement. This is good news for the retailer, given its position noted towards the end
of last year, 2025, when it reported a significant revenue dip for Q1-FY26, as it pivoted back to the premium segment of the market.
Retailers urged to take part in new ERT industry survey
ERT is inviting independent electrical retailers and kitchen specialists across the nation to take part in The ERT Report. The survey will gather views on sales performance, customer behaviour,
product trends, and the key challenges facing the sector. The results will form a detailed report, published in an upcoming issue of ERT, giving retailers a clearer understanding of where they stand and what’s shaping the industry. All responses will remain completely anonymous, and retailers will not be
asked to share any specific financial data. Instead, the survey focuses on straightforward, multiple-choice questions based on real trading experiences. ERT Editor Will McGill said: “There’s a lot of noise around how the market is performing, but not enough real insight from the people actually running these businesses day to day. This survey is about cutting through that, giving independent retailers a proper voice. Retailers of all sizes are encouraged to take part to ensure the most accurate and representative results possible. The findings of the survey will be published in the July/August edition of ERT but do reach out if you have any questions.
ERT Editor, Will McGill:
WMCGILL@DATATEAM.CO.UK ERT Publication Manager and Awards Manager, Stacey Boyce:
SBOYCE@DATATEAM.CO.UK
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56