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1. www.currysplc.com › news-media › press-releasesCurrys Full Year Results 2023/24 | Currys PLC

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   Apr 27, 2024 · Free cash flow was an inflow of £82m, a +£174m improvement YoY, largely reflecting lower capital expenditure and a much-improved working capital outflow. Total cash inflow of £193m was £334m better YoY due to the higher free cash flow, lower dividend, reduced pension payments and the proceeds from the disposal of Kotsovolos.

2. www.currysplc.com › news-media › press-releasesCurrys Interim Results 2023/24

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   Oct 28, 2023 · Free cash outflow of £(10)m for the period was a £76m improvement on last year due to deliberate actions to lower capital expenditure, tighter working capital control and lower tax payments. Alongside no dividend payment and previously negotiated reduction in pension contributions, this resulted in cash outflow for the period of (£32)m, a £117m improvement compared to the same period last ...

3. www.currysplc.com › investors › results-reportsResults, Reports & Presentations - Currys PLC

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   We help everyone enjoy amazing technology.

4. www.ii.co.uk › analysis-commentary › currys-rewardedCurrys rewarded with 10% share price surge - interactive investor

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   Dec 14, 2023 · Of particular note was the increase in what Currys describes as recurring and sustainable cash flows, namely its provision of additional services. Credit adoption rose by 3.3% in the period, Care and Repair by 3.4%, while the mobile business added 200,000 subscribers, taking the total to 1.5 million.

5. www.forbes.com › sites › roystonwildCurrys Shares Drop Despite FY Profits Rise, Improving Momentum

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   Jun 27, 2024 · Despite these weakening sales, Currys’ adjusted pre-tax profit improved 10% year on year to £118 million. The bottom line was boosted by a 20-basis-point improvement in its underlying operating ...

6. www.standard.co.uk › business › business-newsCurrys swings to annual profit while shoppers turn to credit ...

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   Jun 27, 2024 · Currys offers buy now, pay later credit plans for shoppers, and makes money from interest payments if consumers do not pay back in full within an agreed timeframe.

7. People also ask

   Why did Currys make a profit?

   • Currys has hailed a return to an annual profit after shedding business costs, and revealed it saw more customers turn to credit to fund their tech purchases. The electricals retailer ended the year on a stronger financial footing after getting its loss-making Nordics business “back on track” and offloading its Greek arm.

   Currys swings to annual profit while shoppers turn to credit to fund tech

   www.standard.co.uk/business/business-news/currys-swings-to-annual-profit-while-shoppers-turn-to-credit-to-fund-tech-b1167109.html

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   Does Currys use credit?

   • The retailer said the use of credit climbed in the UK and Ireland to make up a fifth of purchases. Currys offers buy now, pay later credit plans for shoppers, and makes money from interest payments if consumers do not pay back in full within an agreed timeframe. Chief executive Alex Baldock said: “Our performance continues to strengthen.

   Currys swings to annual profit while shoppers turn to credit to fund tech

   www.standard.co.uk/business/business-news/currys-swings-to-annual-profit-while-shoppers-turn-to-credit-to-fund-tech-b1167109.html

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   How did Currys perform compared to the previous year?

   • But Currys reported slower sales compared with the previous year as consumers continued to rein in budgets as they felt the bite from higher living costs. It reported revenues of £8.5 billion in the year to April 27, down 2% at constant currency from the previous year.

   Currys swings to annual profit while shoppers turn to credit to fund tech

   www.standard.co.uk/business/business-news/currys-swings-to-annual-profit-while-shoppers-turn-to-credit-to-fund-tech-b1167109.html

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   How is Currys doing in 2024?

   • Currys said that trading is currently in line with expectations, and that it is targeting "continued growth in high margin, recurring revenue services" in the new year. This includes growing the number of subscribers at its iD Mobile network operator to 2 million. It ended financial 2024 with 1.8 million subscribers, up 34% year on year.

   Currys Shares Drop Despite FY Profits Rise, Improving Momentum - For…

   www.forbes.com/sites/roystonwild/2024/06/27/currys-shares-drop-despite-fy-profits-rise-improving-momentum/

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   Why did Currys' share price drop?

   • At 72.2p per share, Currys’ share price was last 5.1% lower in Thursday business. Revenues dipped 4% to £8.5 billion in the 12 months to April, which the company attributed to "high inflation and rising interest rates [that] caused weak consumer confidence and depressed demand." On a like-for-like basis, sales were down 2% year on year.

   Currys Shares Drop Despite FY Profits Rise, Improving Momentum - For…

   www.forbes.com/sites/roystonwild/2024/06/27/currys-shares-drop-despite-fy-profits-rise-improving-momentum/

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   What are Currys full year results 2023/24?

   • Currys Connected Media Toggle mobile navigation Currys Full Year Results 2023/24 Home News & Media Press Releases Currys Full Year Results 2023/24 27 June 2024 Audited Results for the Year Ended 27 April 2024 Performance continues to strengthen We Help Everyone Enjoy Amazing Technology Summary Group adjusted profit before tax £118m, +10% YoY

   Currys Full Year Results 2023/24

   www.currysplc.com/news-media/press-releases/2024/currys-full-year-results-2023-24/

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8. www.retail-week.com › electricals › currys-upgradesCurrys upgrades profit guidance despite sales slip - Retail Week

   www.retail-week.com › electricals › currys-upgrades

   Jan 18, 2024 · The group also expects to receive final clearances for the disposal of its Greek business to complete in the first quarter of 2024. Currys expects to finish the financial year in a net cash position. Group chief executive Alex Baldock said: “We’ve had a successful peak trading period, for customers who are more satisfied than ever, and for profits and cash flow.