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Currys Lifts Profit Guidance After Strong Peak Trading and Nordic Surge

Story Highlights
  • Currys delivered 6% peak like-for-like sales growth, led by a 12% surge in Nordics and market share gains across regions.
  • Stronger trading prompted Currys to lift profit guidance, sustain buybacks and dividends, and reaffirm cash-rich, margin-focused targets.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Currys Lifts Profit Guidance After Strong Peak Trading and Nordic Surge

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Currys plc ( (GB:CURY) ) has shared an announcement.

Currys reported a strong peak trading period for the 10 weeks to 10 January 2026, with group like-for-like revenue up 6%, driven by 3% growth in the UK & Ireland and a standout 12% in the Nordics, where the market continued to recover and sales rose across all categories and countries. The retailer highlighted market share gains in both regions, double‑digit growth in omnichannel sales, and robust performance in higher-margin, recurring revenue streams such as services, credit, B2B and its iD Mobile base, which has grown 19% year on year to 2.5 million subscribers. On the back of this performance, Currys raised guidance for adjusted profit before tax to £180m–£190m, ahead of market expectations, confirmed it is on track to end the year with net cash above £100m, and detailed an ongoing £50m share buyback and interim dividend, underscoring a focus on shareholder returns, disciplined capital spending and a net cash balance sheet as it targets at least a 3% adjusted EBIT margin in both its core regions over the longer term.

The most recent analyst rating on (GB:CURY) stock is a Buy with a £153.00 price target. To see the full list of analyst forecasts on Currys plc stock, see the GB:CURY Stock Forecast page.

Spark’s Take on GB:CURY Stock

According to Spark, TipRanks’ AI Analyst, GB:CURY is a Outperform.

Currys plc demonstrates strong financial stability and cash flow generation, contributing positively to its overall score. The valuation suggests the stock is attractively priced. However, technical indicators show mixed signals, with potential bearish momentum. Profitability remains a key area for improvement.

To see Spark’s full report on GB:CURY stock, click here.

More about Currys plc

Currys plc is a leading omnichannel retailer of technology products and services, operating online and through 702 stores across six countries. Trading as Currys in the UK & Ireland and Elkjøp in the Nordics, the group is the market leader in all its territories, serving households with consumer electronics, appliances and related services. It also operates the iD Mobile virtual network in the UK, runs one of Europe’s largest tech repair facilities, and manages an extensive distribution network, positioning the company as a scale player in selling, servicing and extending the life of consumer technology.

Average Trading Volume: 2,621,826

Technical Sentiment Signal: Buy

Current Market Cap: £1.34B

For detailed information about CURY stock, go to TipRanks’ Stock Analysis page.

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