Currys delivers stronger interim profit

Currys lifted its interim profit and cash flow as revenue for the half-year up to 1 November reached 4.23 billion British pounds (4.9 billion euros). Adjusted profit before tax more than doubled to 22 million pounds (26 million euros), allowing the retailer to keep full-year guidance aligned with board expectations.

Regional performance

In the United Kingdom and Ireland, revenue increased 6 % as the chain managed to raise its market share and B2B sales, and increase services and credit adoption. The Nordics business saw its revenue up 7 % (excluding exchange rate effects) and adjusted EBIT up 94% to 35 million British pounds (41 million euros).