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1. www.cityam.com › currys-considers-offloading-greekCurrys considers offloading Greek retail arm Kotsovolos with ...

   www.cityam.com › currys-considers-offloading-greek

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   Jun 16, 2023 · Currys took on the business in 2021, when it completed its takeover of Dixons Carphone. ... Kotsovolos is a profitable business, with high brand awareness and a unified ecommerce platform.

2. www.keeptalkinggreece.com › 2023/06/16 › kotsovolosUK’s Currys to sell its Greek retail arm Kotsovolos

   www.keeptalkinggreece.com › 2023/06/16 › kotsovolos

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   Jun 16, 2023 · Currys reportedly took on the business in 2021, when it completed its takeover of Dixons Carphone. The board is now weighing up a sale as it believes the Kotsovolos brand, long-term track record of profitable delivery and leading market position are not currently reflected in the group’s valuation.

3. www.retail-insight-network.com › news › currysCurrys commences strategic review of Greek business Kotsovolos

   www.retail-insight-network.com › news › currys

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   Jun 19, 2023 · June 19, 2023. A Kotsovolos store in Greece. Credit: MariaMvrd/commons.wikipedia.org. UK-based electrical retailer Currys has commenced a strategic review of its Greek retail business, Kotsovolos. According to the company, the review could lead to a 100% divestiture of the operations or a majority share sale.

4. www.cityam.com › currys-gets-green-light-for-179mCurrys finalises sale of Greek business amid takeover saga

   www.cityam.com › currys-gets-green-light-for-179m

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   Mar 8, 2024 · Currys took on the business which trades as Kotsovolos in 2021 when it completed its takeover of Dixons Carphone. Its Greek division had performed well, often surpassing Currys UK arm in terms of ...

5. www.linkedin.com › pulse › dei-kotsovolos-big-smallDEI-Kotsovolos: Big and small details of the deal - LinkedIn

   www.linkedin.com › pulse › dei-kotsovolos-big-small

   Nov 5, 2023 · The pre-tax results amounted to profits of 279.6 million euros compared to profits of 1.9 million in the first half of 2022, as they were also affected by the profit of 141.6 million euros from ...

6. www.currysplc.com › news-media › press-releasesCurrys Interim Results 2023/24 | Currys PLC

   www.currysplc.com › news-media › press-releases

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   Oct 28, 2023 · Kotsovolos is a fine business that we’ve been proud to own, but a disposal at this time is in the best interest of shareholders. Firstly, it recognises Kotsovolos’s value and accelerates its realisation. Secondly, it further strengthens the balance sheet and the foundations on which to improve the much larger UK&I and Nordics businesses.

7. People also ask

   Is Kotsovolos a profitable business?

   • Kotsovolos is a profitable business, with high brand awareness and a unified ecommerce platform. Alex Baldock, group chief executive said: “Currys’ performance is robust in UK and Ireland, where our transformation is working, and we’ve taken action to drive a profitable recovery in the Nordics.

   Currys considers offloading Greek retail arm Kotsovolos with strategic

   www.cityam.com/currys-considers-offloading-greek-retail-arm-kotsovolos-with-strategic-review/

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   Why did Currys sell Kotsovolos?

   • Last year the firm announced it wanted to sell the business which trades as Kotsovolos to help strengthen its balance sheet. Currys took on the business which trades as Kotsovolos in 2021 when it completed its takeover of Dixons Carphone. Its Greek division had performed well, often surpassing Currys UK arm in terms of sales.

   Currys finalises sale of Greek business amid takeover saga - City A.M

   www.cityam.com/currys-gets-green-light-for-179m-sale-of-greek-business-amid-takeover-saga/

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   When did Kotsovolos start?

   • Kotsovolos started in a small neighborhood store in downtown Athens in 1950. Currys reportedly took on the business in 2021, when it completed its takeover of Dixons Carphone.

   UK's Currys to sell its Greek retail arm Kotsovolos - Keep Talking Greece

   www.keeptalkinggreece.com/2023/06/16/kotsovolos-on-sale-currys-uk-greece/

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   How many Kotsovolos stores are there in Cyprus?

   • Kotsovolos has a network of 90 stores, including an emerging presence in Cyprus – having first been founded in 1950 – alongside two online websites, kotsovolos.gr and kotsovolos.cy. Currys took on the business in 2021, when it completed its takeover of Dixons Carphone.

   Currys considers offloading Greek retail arm Kotsovolos with strategic

   www.cityam.com/currys-considers-offloading-greek-retail-arm-kotsovolos-with-strategic-review/

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8. ierdaily.co.uk › currys-announces-strategic-reviewCurrys announces strategic review of Kotsovolos - IER Daily

   ierdaily.co.uk › currys-announces-strategic-review

   Jun 21, 2023 · Currys has started a strategic review of its market-leading Greek business Kotsovolos, which could lead to a sale of the operations.