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Hot summer boosts sales at electrical retailer Currys

Electricals retailer Currys said group sales were up 3% in the first four months of its financial year, putting it on track to meet forecasts.

Business • 04 Sep

Currys said like-for-like sales are up 4% since early January, driven by its UK and Ireland division and a sales recovery in the Nordics business

Currys up annual profit outlook for third time this year

British electricals retailer Currys has today raised its annual profit forecast for the third time this year as rising sales countered growing costs.

Business • 21 May

Currys said made an adjusted profit before tax of £118m in the year to April 27

Currys sees more profit growth as AI gadgets arrive

Electricals retailer Currys, a takeover target earlier this year, forecast AI-powered gadgets would help to deliver another year of profit growth after a 10% rise in 2023-24 that reflected a steady improvement in trading.

Business • 27 Jun 24

Currys has raised its annual profit forecast by around 10% today

Currys upgrades forecasts as sales return to growth

Electricals retailer Currys, which rejected a takeover offer earlier this year, raised its annual profit forecast by around 10% today after sales returned to growth in both its UK and Ireland unit and in the Nordic region.

Business • 14 May 24

Currys today reported a 2% fall in underlying sales in its UK and Ireland market and an 8% fall in sales in its Nordic unit

Currys sticks to its full year guidance

British electricals retailer Currys has stuck to annual guidance as it reported falling sales in most markets for the four months to the end of August, but said UK trends were improving despite ongoing challenges in the Nordics.

Business • 07 Sep 23

Currys said like-for-like revenue fell 5% in the 10 weeks to January 8 on an annual basis

Currys trims profit guidance on 'challenging' Christmas

Electricals retailer Currys has today trimmed its full-year profit guidance after what it called a "challenging" technology market at Christmas with uneven customer demand and supply disruption.

Business • 14 Jan 22

Dixons Carphone is still recovering from a huge profit warning in May

Dixons Carphone says on track for full year targets

Dixons Carphone, the electricals and mobile phone retailer, said today it was on track to make its full year profit targets as sales of televisions during the soccer World Cup helped it meet quarterly forecasts.

Business • 06 Sep 18

Dixons Carphone said it expected headline pretax profit for its 2018/19 financial year to be around £300m - 21% below earlier forecasts

Dixons Carphone's Irish stores not affected by closures

Dixons Carphone today warned on profits and said it would have to close shops, wiping more than £500m off the value of the UK's biggest electricals chain in the latest blow to traditional retailers.

Business • 29 May 18

Alex Baldock