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1. • Stable gross margins and cost savings

     • LONDON, Jan 18 (Reuters) - British appliance and electronics retailer Currys (CURY.L) on Thursday forecast full year profit ahead of market expectations after stable gross margins and cost savings offset a fall in underlying sales over the Christmas trading period.
     www.reuters.com/business/retail-consumer/uk-retailer-currys-expects-annual-profit-ahead-market-expectations-2024-01-18/

     UK retailer Currys expects annual profit ahead of market ...

2. www.retailgazette.co.uk › 01 › currys-robust-profitsCurrys full-year profit to exceed expectations - Retail Gazette

   www.retailgazette.co.uk › 01 › currys-robust-profits

   Jan 18, 2024 · 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....

3. 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 · The Group expects to see growth in profits and free cash flow. Capital expenditure of around £90m, doubling YoY and returning to normalised levels. Net exceptional cash costs around £30m, due to lower restructuring costs. Pension contributions of £50m, in line with scheduled increase from £36m in 2023/24.

4. www.reuters.com › business › retail-consumerUK retailer Currys expects annual profit ahead of market ...

   www.reuters.com › business › retail-consumer

   Jan 18, 2024 · British appliance and electronics retailer Currys on Thursday forecast full year profit ahead of market expectations after stable gross margins and cost savings offset a fall in...

5. www.morningstar.co.uk › uk › newsCurrys up as full year profit expected above... | Morningstar

   www.morningstar.co.uk › uk › news

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   Jan 18, 2024 · (Alliance News) - Curry's PLC shares rose on Thursday despite a "tough" festive period, after the group said it expects to deliver profit ahead of market expectations. Shares in Currys were up...

6. www.currysplc.com › news-media › press-releasesCurrys Peak Trading Update 2023/24

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

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   Jan 18, 2024 · Our markets may be no easier, but we now expect full-year profits to be above consensus expectations. In the UK&I, we’ve kept up our encouraging momentum, in particular selling more of the Services that boost margins and build customers for life.

7. www.ii.co.uk › analysis-commentary › currys-givenCurrys given more time as profit to exceed forecasts

   www.ii.co.uk › analysis-commentary › currys-given

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   Jan 18, 2024 · The outlook guidance was generally upbeat, with adjusted pre-tax profit for the year of between £105 million and £115 million, ahead of current market expectations of £104 million. Further out, the group is targeting earnings margin of 3%, with cash costs expected to decline sharply in 2024/2025 as the overall cost focus intensifies.

8. People also ask

   Why did Currys forecast full year profit ahead of market expectations?

   • REUTERS/Peter Nicholls/File Photo Purchase Licensing Rights LONDON, Jan 18 (Reuters) - British appliance and electronics retailer Currys (CURY.L) on Thursday forecast full year profit ahead of market expectations after stable gross margins and cost savings offset a fall in underlying sales over the Christmas trading period.

   UK retailer Currys expects annual profit ahead of market expectations

   www.reuters.com/business/retail-consumer/uk-retailer-currys-expects-annual-profit-ahead-market-expectations-2024-01-18/

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   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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   Are Currys' full-year profits above consensus expectations?

   • Currys 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 cashflow. Our markets may be no easier, but we now expect full-year profits to be above consensus expectations. Sign up here to get the latest news straight into your inbox each morning

   Currys full-year profit to exceed expectations - Retail Gazette

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

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   Does Currys have a 'robust profit'?

   • Click here to sign up to Retail Gazette‘s free daily email newsletter Currys has posted "robust profits" for the 10 weeks ended 6 January 2024, despite trading in a challenging market.

   Currys full-year profit to exceed expectations - Retail Gazette

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

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   How did Currys perform in the UK & Ireland business?

   • Currys said like-for-like revenue in the UK & Ireland business fell 3% in the 10 weeks to Jan. 6, with strong sales in mobile, offset by weaker trends in TVs and computing. In addition to stable gross margins, that were helped by strong growth in services such as credit and repair schemes, profits benefited from continued cost savings.

   UK retailer Currys expects annual profit ahead of market expectations

   www.reuters.com/business/retail-consumer/uk-retailer-currys-expects-annual-profit-ahead-market-expectations-2024-01-18/

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   When will Currys publish a pre-close full year trading update?

   • The Group is scheduled to publish a pre-close full year trading update on Tuesday 14 May 2024. Currys plc is a leading omnichannel retailer of technology products and services, operating online and through 815 stores in 8 countries. We Help Everyone Enjoy Amazing Technology, however they choose to shop with us.

   Currys Peak Trading Update 2023/24

   www.currysplc.com/news-media/press-releases/2024/currys-peak-trading-update-2023-24/

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9. www.theretailbulletin.com › general-merchandiseCurrys annual profit to exceed expectations despite drop in ...

   www.theretailbulletin.com › general-merchandise

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   Jan 18, 2024 · Electricals retailer Currys has said its full year profit is set to come in ahead of expectations despite a drop in sales in its peak trading period. In the 10 weeks to 6 January, the retailer's UK and Ireland revenue declined by 3% while sales in the Nordics and Greece fell by 2% and 4%