marks electrical group plc said tuesday that revenue for the first half of fiscal 2023 rose as it made market gains across all categories and that it expects the pressure on margins to ease over the second half the londonlisted online electrical retailer said revenue for the six months ended sept 30 was 431 million pounds 477 million compared with gbp375 million for the first half of fiscal 2022 the company said it continued making market share gains in the major domestic appliance and consumer electronics markets and that its performance was mostly driven by televisions cookers vacuums and small appliances the company said pressure on margins is expected to diminish in the second half given reduced competitor discounting in recent months as well as cost control measures and improved operating leverage during the peak trading period as momentum continues to build going into the peak trading period our focus on operational excellence and cash flow generation combined with our net cash position provides us with a robust platform to generate continued profitable market share growth and achieve our full year targets chief executive mark smithson said shares at 0738 gmt were up 2 pence or 36 at 58 pence