Currys plc ( (GB:CURY) ) just unveiled an announcement.
Currys plc has announced that its full-year profits are expected to exceed previous guidance, with an adjusted profit before tax now anticipated to be around £160 million, up from the earlier estimate of £145-155 million. This positive outlook is driven by robust trading and continued sales growth in the UK, Ireland, and the Nordics, positioning the company to end the year in a strong net cash position. The announcement reflects Currys’ solid operational performance and its market leadership, which is likely to have positive implications for stakeholders.
More about Currys plc
Currys plc is a leading omnichannel retailer of technology products and services, operating online and through 715 stores across six countries. The company is a market leader in all its markets, with a focus on helping customers enjoy technology through a range of services including Europe’s largest technology repair facility, a sourcing office in Hong Kong, and an extensive distribution network. Currys is committed to sustainability, aiming for net zero emissions by 2040, and offers products that help save energy, reduce waste, and save water.
YTD Price Performance: -6.27%
Average Trading Volume: 2,890,242
Technical Sentiment Signal: Sell
Current Market Cap: £967.4M
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