Currys plc ( (GB:CURY) ) just unveiled an update.
Currys plc has announced that its full-year profits are expected to surpass previous guidance, with adjusted profit before tax now anticipated to be around £160 million. The company attributes this positive outlook to robust trading and continued sales growth in the UK&I and the Nordics. This financial performance positions Currys plc in a strong net cash position as the financial year draws to a close, reflecting its solid market leadership and operational efficiency.
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 known for its strong market presence in the UK & Ireland under the Currys brand and in the Nordics under the Elkjøp brand. Currys plc is committed to helping customers enjoy technology through a comprehensive range of services, including Europe’s largest technology repair facility, and aims to achieve net zero emissions by 2040.
YTD Price Performance: -6.27%
Average Trading Volume: 2,890,242
Technical Sentiment Signal: Sell
Current Market Cap: £967.4M
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