Currys kicks off year with strong sales despite high street pressures
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6 Articles
Currys reports strong trading as it starts £50m share buyback
Currys has reported that its group sales rose 3% for the 17 weeks ended 30 August, as it began its £50m share buyback programme. The electronics retailer stated that its UK and Ireland like-for-like sales had been driven by market share gains with double-digit growth in new categories and b2b. It also said that strong sales in gaming, AI computing, large appliances, coffee machines and cooling products, offset by declines in TVs, tablets and air…
Currys: AGM Update proclaims group is on ‘a good track, with growing momentum’, starting £50m share buyback, looking for £170m pre-tax this year
Todays AGM Trading Update from Currys (LON:CURY) covers the 17-week period to the end of August. It reported that the group’s trading in the first four months of the financial year has been in line with expectations, with guidance of around £170m (£162m) of adjusted pre-tax profits. It noted that the group is planning confidently […] The post Currys: AGM Update proclaims group is on ‘a good track, with growing momentum’, starting £50m share b…
Currys hails sales boost as £50m share buyback commences - Retail Gazette
Currys reported a strong start to the year in its latest trading update, as it revealed a new £50m share buyback scheme. Group sales climbed 3% for the 17 weeks ended 30 August, while its UK and Ireland like-for-like revenues were also up 3% over the period. The retailer said its UK and Ireland like-for-like sales had been driven by market share gains with double-digit growth in new categories and b2b. It noted the brand had seen strong sales in…
Currys kicks off year with strong sales despite high street pressures
Currys has reported a robust start to its new financial year, with sales growth across the UK, Ireland and Nordics, and a £50m share buyback programme as the electricals retailer looks to reward shareholders. In a trading update for the 17 weeks to 30 August, the FTSE 250 firm said UK & Ireland like-for-like revenue rose three per cent, buoyed by double-digit gains in newer categories such as gaming, AI computing and large domestic appliances. C…
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