Business
Profits expected to be above previous guidance
Profits expected to be above previous guidance.
About this update from Currys Plc
[{"type":"text","content":"\n\n\nFull year profits expected to be above previous guidance\nWe Help Everyone Enjoy Amazing Technology\nCurrent year guidance\nIn the period since 4 January 2025, trading has been robust with continued positive like-for-like sales growth in the UK&I and the Nordics. \nWith less than five weeks of the financial year remaining, Group adjusted profit before tax is now expected to be around £160m (compared to previous guidance of £145-155m).\nThe Group expects to finish the year in a strong net cash position.\nA full year trading update is scheduled for 21 May 2025.\n \nNext scheduled announcement\nThe Group is scheduled to publish a trading update for the 53 weeks ending 3 May 2025 on 21 May 2025.\nFor further information\n\n\n\n\nDan Homan\n\n\nInvestor Relations\n\n\n+44 (0)7401 400442\n\n\n\n\nTatiana Raikes\n\n\nCorporate Communications\n\n\n+44 (0)7885 155196\n\n\n\n\nSofie Brewis\n\n\nBrunswick Group\n\n\n+44 (0)2074 045959\n\n\n\n\nInformation on Currys plc is available at www.currysplc.com Follow us on LinkedIn and X: @currysplc\n \nAbout Currys plc\nCurrys plc is a leading omnichannel retailer of technology products and services, operating online and through 715 stores in 6 countries. We Help Everyone Enjoy Amazing Technology, however they choose to shop with us.\nIn the UK & Ireland we trade as Currys and in the UK we operate our own mobile virtual network, iD Mobile. In the Nordics we trade under the Elkjøp brand. We're the market leader in all markets, able to serve all households and employing 24,000 capable and committed colleagues.\nWe help everyone enjoy amazing technology. We believe in the power of technology to improve lives, helping people stay connected, productive, fit, healthy, and entertained. We're here to help everyone enjoy those benefits and with our scale and expertise, we are uniquely placed to do so.\nOur full range of services and support makes it easy for our customers to discover, choose, afford and enjoy the right technology to the full. The Group's operations include Europe's largest technology repair facility, a sourcing office in Hong Kong and an extensive distribution network, centred on Newark in the UK and Jönköping in Sweden, enabling fast and efficient delivery to stores and homes.\nWe're a leader in giving technology a longer life through repair, recycling and r...