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1. 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 ...

   • UK retailer Currys sticks to guidance after first-half loss

     The group reported an adjusted pretax loss of 16 million...

2. www.reuters.com › business › retail-consumerUK retailer Currys sticks to guidance after first-half loss

   www.reuters.com › business › retail-consumer

   Dec 14, 2023 · The group reported an adjusted pretax loss of 16 million pounds ($20.2 million) for the six months to Oct. 28, versus a loss of 17 million pounds in the same period last year, on revenue down 7% ...

3. www.reuters.com › business › retail-consumerUK's Currys drops dividend on uncertain economic outlook

   www.reuters.com › business › retail-consumer

   Jul 6, 2023 · Currys made adjusted pretax profit of 119 million pounds ($151.2 million) in the year to April 29 - in line with its latest guidance but down from the 192 million a year earlier. Revenue fell 6% ...

4. www.independent.co.uk › business › currys-cutsCurrys cuts profit outlook again on Nordic woes

   www.independent.co.uk › business › currys-cuts

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   Mar 16, 2023 · Currys had downgraded its outlook last December to between £100 million and £125 million for the year to April 2023, from the £125 million to £145 million previously expected. It will mark a ...

5. 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 · 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 ...

6. news.sky.com › story › currys-hurt-by-overseasCurrys hurt by overseas discounting as it cuts annual profit ...

   news.sky.com › story › currys-hurt-by-overseas

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   Dec 15, 2022 · Currys said it now expected full year profit before tax to be between £100m-£125m - down from the previously guided £130m-£150m range. Shares, down by more than 40% ahead of the trading update ...

7. People also ask

   How much did Currys make in a year?

   • Currys made adjusted pretax profit of 119 million pounds ($151.2 million) in the year to April 29 - in line with its latest guidance but down from the 192 million a year earlier. Revenue fell 6% to 9.5 billion pounds.

   UK's Currys drops dividend on uncertain economic outlook

   www.reuters.com/business/retail-consumer/uks-currys-profit-weighed-down-by-weak-nordics-unit-no-final-div-2023-07-06/

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   What happened to Currys in the reported period?

   • Currys reported a 7% decrease in total revenue to 4.48 billion pounds and an 8% drop in like-for-like sales. The company made an adjusted pretax loss of 17 million pounds.

   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 cut its annual profit outlook?

   • Electricals retailer Currys has cut its annual profit outlook after diving into the red during the first half of its financial year. The UK-based group, which has more than 800 stores alongside its online operation, reported an adjusted pre-tax loss of £17m for the six months to 29 October compared to a profit of £48m a year earlier.

   Currys hurt by overseas discounting as it cuts annual profit outlook

   news.sky.com/story/currys-hurt-by-overseas-discounting-as-it-cuts-annual-profit-outlook-12768439

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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 much will Currys make in 2023?

   • Currys had downgraded its outlook last December tobetween £100 million and £125 million for the year to April 2023, from the £125 million to £145 million previously expected. It will mark a steep fall from the £186 million in pre-tax profits it delivered in 2021-22.

   Currys cuts profit outlook again on Nordic woes

   www.independent.co.uk/business/currys-cuts-profit-outlook-again-on-nordic-woes-b2302156.html

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   Why did Currys drop 4% in pre-tax profits?

   • Currys saidthe Nordics’ troubles were offsetting “strengthening” trading in the UK and Ireland and would leave profits sharply lower. It said underlying pre-tax profits were now expected to be about £104 million, in line with recent cuts to the consensus in the market but at the lower end of previous guidance. Shares in the group fell 4%.

   Currys cuts profit outlook again on Nordic woes

   www.independent.co.uk/business/currys-cuts-profit-outlook-again-on-nordic-woes-b2302156.html

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8. 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 ...