Q&A with Marks Electrical #MRK CEO Mark Smithson and CFO Josh Egan

Episode 735,   Jun 08, 2022, 02:24 PM

After posting market beating results today, alongside experiencing a strong start to the new year - CEO Mark Smithson & CFO Josh Egan take Vox Markets through:


00:00 How Marks Electrical #MRK is gaining market share, despite the more challenging conditions.
03:37 Winning new customers, even in the highest of social circles.
04:07 Key highlights from the ‘in line’ FY22 results.
05:22 Split between price & volume growth
06:07 Brand building / marketing strategy.
08:37 Cost of customer acquisition
09:37 Managing input cost inflation & global supply chain issues.
12:27 Readjusting selling prices
13:42 Outlook for the rest of the year
15:07 Further investment opportunities
16:27 Levers to pull, if there ever was a recession
19:32 Future newsflow.
19:52 Longer term growth opportunity