Business
Peak Trading Statement - 2020/21
Peak Trading Statement - 2020/21.
About this update from Currys Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 2376M\n Dixons Carphone PLC\n 20 January 2021\n \n \n \n 20 January 2021\n \n \n Trading Update for 10 weeks ended 9 January 2021\n \n \n Continued strong online momentum despite Covid impact\n \n \n · \n \n Electricals like-for-like revenue +11%\n \n \n \n o \n Highest growth in large screen TVs, smart tech, food preparation, health & beauty and all areas of computing & gaming \n \n \n · \n \n UK & Ireland Electricals like-for-like revenue +8%\n \n \n \n o \n Online growth +121%\n \n \n o \n Online market share +6%pts\n \n \n · \n \n International like-for-like revenue +14%: Nordics +19%, Greece (13)% \n \n \n \n o \n Nordic online sales +97%, Greece online sales +366%\n \n \n o \n Nordics: Double-digit growth and strong market share gains\n \n \n o \n Greece: Performance impacted by national lockdown\n \n \n · \n \n UK & Ireland Mobile total revenue down (40)%\n \n \n \n o \n Sales and cashflow in line with plan given UK standalone Carphone Warehouse store closures last April\n \n \n · \n \n Transformation progress: \n \n \n \n o \n \n Omnichannel\n \n : Group Electricals online sales +118%. ShopLive 24/7 live video shopping growing strongly\n \n \n o \n \n Credit\n \n : UK Electricals credit customers grew to 1.4m\n \n \n o \n \n Services\n \n : Nordic Customer Club grew to over 4.9m members and 50% of Black Friday week sales\n \n \n o \n \n Mobile\n \n : Restructuring on track, new mobile offer to launch this year\n \n Alex Baldock, Group Chief Executive\n \"I'm so grateful to my colleagues. Thanks to their dedication and adaptability in such a testing time, we've kept safely providing vital technology to the public, keeping millions of people connected, healthy, productive and entertained. And so we've continued to trade strongly, both in the UK and Internationally, while ensuring colleague and customer safety is paramount.\n We're winning online, where we're the biggest and fastest-growing specialist technology retailer in all our markets. And even where stores have been closed, our work to bring the best of digital and physical shopping to every customer has borne fruit in such innovations as our 1-hour drive-thru Order & Collect and ShopLive. Our flexible infrastructure and accelerating transformation mean we've been able to react ever-faster to changing trad...