Currys increases profit forecast to £115m

Currys increased its profit forecast for the second time this year after stronger-than-expected sales. The electricals retailer now expects its pre-tax profits for the year to April 28 to be at least £115 million, following the recent collapse of potential takeover deals involving Waterstones owner Elliott Advisors and Chinese online retailer JD.com. The news comes as Currys' Nordics division returns to growth since January, following a decline in sales over the Christmas season.

March 18, 2024
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