Business
Dixons Carphone plc 2017/18 Preliminary Results
Dixons Carphone plc 2017/18 Preliminary Results.
About this update from Currys Plc
[{"type":"text","content":"\n \nRNS Number : 0635S Dixons Carphone PLC 21 June 2018 \n\nDixons Carphone plc\nPreliminary results for the 12 months to 28 April 2018*\n• Group like-for-like revenue(3) up 4%, Statutory revenue up 3%, maintained market leading shares\n• UK & Ireland like-for-like revenue up 2%\n• Strong growth in International; Nordics like-for-like revenue up 9%, Greece like-for-like revenue up 11%\n• Group headline PBT(1) of £382 million (2016/17: £500 million): \n• International businesses's EBIT growth of £20m year on year, Nordics up £12m, Greece up £8m\n• Gross margins: Challenges in UK mobile continued given market and current contractual constraints, UK electricals margin impacted in second half largely by category and channel mix\n• Includes £25m credit from acceleration of trade balances reconciliation ahead of new system launch\n• Includes a negative £87m year on year impact from revaluations and insurance contract terms\n• Disposal of honeybee in the period (non-headline item)\n• Group headline basic EPS(1) 26.2p (2016/17: 33.5p), statutory basic EPS 14.4p (2016/17: 25.6p)\n• Total statutory profit before tax of £289 million (2016/17: £404 million) after non-headline(1) charges of £93 million (2016/17: £96 million)\n• Free cash flows(6) of £172 million (2016/17: £178 million) and net debt(7) reduced by £22 million to £249 million \n• Final dividend of 7.75p proposed, maintaining full year dividend at 11.25p (2016/17: 11.25p)\n• 2018/19 Group headline PBT expected to be around £300m\n\n\n\n\nHeadline results*(1)\n\n\n \n\n\nHeadline revenue(1)\n\n\nHeadline profit / (loss)(1)\n\n\n\n\n \n\n\nNote\n\n\n2017/18\n£million\n\n\n2016/17 - (restated)\n£million\n\n\nReported rate \n% change\n\n\nLocal currency(2)\n% change\n\n\nLike-for-like(3) \n% change\n\n\n2017/18\n£million\n\n\n2016/17 - (restated)\n£million\n\n\n\n\nUK & Ireland\n\n\n(4),(5)\n\n\n6,645\n\n\n6,735\n\n\n(1)%\n\n\n(2)%\n\n\n2%\n\n\n281\n\n\n417\n\n\n\n\nNordics\n\n\n(5)\n\n\n3,470\n\n\n3,159\n\n\n10%\n\n\n7%\n\n\n9%\n\n\n101\n\n\n89\n\n\n\n\nGreece\n...