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

   www.forbes.com › sites › roystonwild

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   Jun 27, 2024 · In the UK and Ireland, both reported and like-for-like sales were down 2%, at £5 billion. Despite these weakening sales, Currys’ adjusted pre-tax profit improved 10% year on year to £118 million.

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

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

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   Apr 27, 2024 · Continued growth in sales of solutions and services were particular highlights: they’re good for customers, margins and recurring revenues, and they lean on Currys’ competitive strengths. We're planning prudently but confidently for the year ahead, on course to grow both profits and cashflow while carefully stepping back up to more normal investment levels.

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     Currys reveals slow festive sales as consumers remain ‘hard-pressed’

     Jan 18, 2024

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     Currys reveals pre-Christmas sales slow down as supply strains and Omicron uncertainty take toll | Money News | Sky News

     Dec 15, 2021

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4. www.retailgazette.co.uk › blog › 2024Currys full-year profit to exceed expectations - Retail Gazette

   www.retailgazette.co.uk › blog › 2024

   Jan 18, 2024 · Currys has posted "robust profits" for the 10 weeks ended 6 January 2024, despite trading in a challenging market. ... Currys hails ‘strong finish to the year’ as sales return to growth. 14/05 ...

5. www.standard.co.uk › business › business-newsCurrys sales in focus after electronics retailer shrugs off ...

   www.standard.co.uk › business › business-news

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   May 10, 2024 · Currys is set to reveal slower yearly sales (Currys/PA) PA Media. Anna Wise 10 May 2024. ... But like-for-like sales had started to return to growth over the start of the year, according to the ...

   • Author: Anna Wise

6. www.reuters.com › business › retail-consumerUK retailer Currys warns on profit as Nordic chill sweeps in

   www.reuters.com › business › retail-consumer

   Dec 15, 2022 · British electricals retailer Currys cut its full-year profit forecast on Thursday after heavy discounting by rivals in the Nordics region drove it to a first-half loss, sending its shares as much ...

7. www.ft.com › content › 4e47369b-fb6e-4716-a273-9d72aCurrys expects further falls in sales as inflation and rate ...

   www.ft.com › content › 4e47369b-fb6e-4716-a273-9d72a

   Jul 6, 2023 · In annual results on Thursday, the group scrapped its final dividend and reported an annual loss before tax of £450mn, driven by a non-cash charge of £511mn. Its shares were down 11 per cent to ...

8. People also ask

   Will Currys' profit be higher this year?

   • But the electricals retailer said its profit for the year is likely to be higher than previously expected despite challenging conditions. Currys has revealed its sales slipped over the crucial Christmas period as some consumers held back on big-ticket purchases, and the use of credit including “buy now, pay later” hit a record high.

   Currys reveals slow festive sales as consumers remain ‘hard-pressed’

   www.standard.co.uk/business/business-news/currys-reveals-slow-festive-sales-as-consumers-remain-hardpressed-b1133151.html

   See all results for this question

   Why did Currys post a 'robust' profit over peak?

   • Currys posted “robust profits” over peak, despite UK like-for-likes falling 3% year on year, as it benefitted from stable gross margin and continued cost savings. The electricals retailer forecast full-year profit ahead of market expectations, of between £105 and £115m. Group sales fell 3% over the 10 weeks to January, and 4% over its first half.

   Currys full-year profit to exceed expectations - Retail Gazette

   www.retailgazette.co.uk/blog/2024/01/currys-robust-profits/

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   Why does Currys have a slow yearly sales?

   • Currys is set to reveal slower yearly sales as the electronics chain grapples with more fragile consumer demand, after shrugging off foreign takeover interest. The chain, which has about 300 stores in the UK, will publish a full-year trading update on Tuesday.

   Currys sales in focus after electronics retailer shrugs off takeover

   www.standard.co.uk/business/business-news/currys-sales-in-focus-after-electronics-retailer-shrugs-off-takeover-interest-b1156900.html

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   Why did Currys lower its profit forecast?

   • Currys (CURY.L) cut its full-year profit forecast on Thursday due to heavy discounting by rivals in the Nordics region, resulting in a first-half loss. This sent its shares as much as 10% lower.

   UK retailer Currys warns on profit as Nordic chill sweeps in

   www.reuters.com/business/retail-consumer/retailer-currys-cuts-annual-profit-outlook-after-half-year-loss-2022-12-15/

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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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   How did Currys perform in the UK & Ireland?

   • Turnover was especially weak in Currys’ Nordics territory. At £3.5 billion, sales dropped 8% year on year, or 3% on a like-for-like basis. In the UK and Ireland, both reported and like-for-like sales were down 2%, at £5 billion. Despite these weakening sales, Currys’ adjusted pre-tax profit improved 10% year on year to £118 million.

   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/

   See all results for this question

9. www.standard.co.uk › business › business-newsCurrys reveals slow festive sales as consumers remain ‘hard ...

   www.standard.co.uk › business › business-news

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   Jan 18, 2024 · Currys has revealed its sales slipped over the crucial Christmas period as some consumers held back on big-ticket purchases, and the use of credit including “buy now, pay later” hit a record high.