Finance

UK electricals chain Currys sticks to forecast for annual profit growth

Published by Global Banking & Finance Review

Posted on December 12, 2024

1 min read

· Last updated: January 27, 2026

Add as preferred source on Google
UK's FTSE 100 and financial markets react to Russia's embassy statement on G7 loans to Ukraine - Global Banking & Finance Review
The image illustrates the UK's FTSE 100 index performance amid the controversy over G7 loans to Ukraine backed by frozen Russian assets. This reflects the ongoing financial tension and geopolitical implications discussed in the article.

Currys Expects Profit Growth with Strong UK Sales Performance

LONDON (Reuters) - British electricals retailer Currys kept its forecast for annual profit growth as it reported a return to first half profit, with robust sales in its home market more than offsetting subdued trading in its Nordics business.

The group, which sells consumer electricals such as computers, televisions, fridges, washing machines and tumble driers, said on Thursday that trading since the end of its first half has been consistent with the board's expectations.

(Reporting by James Davey; Editing by Catarina Demony)

Key Takeaways

  • Currys maintains its annual profit growth forecast.
  • Strong UK sales offset weaker performance in the Nordics.
  • First half profit return reported by Currys.
  • Consistent trading aligns with board expectations.
  • Currys sells a range of consumer electricals.

Frequently Asked Questions

What is the main topic?
The article discusses Currys' forecast for annual profit growth, driven by strong sales in the UK market despite challenges in the Nordics.
How did Currys perform in the first half?
Currys reported a return to first half profit, with strong sales in the UK offsetting weaker performance in the Nordics.
What products does Currys sell?
Currys sells consumer electricals such as computers, televisions, fridges, washing machines, and tumble driers.

Related Articles

More from Finance

Explore more articles in the Finance category