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Currys plc Reports Robust Financial Growth and Strategic Advancements

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Currys plc Reports Robust Financial Growth and Strategic Advancements

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Currys plc ( (GB:CURY) ) has provided an update.

Currys plc reported a strong financial performance for the year ended May 3, 2025, with a 37% increase in group adjusted profit before tax to £162 million and an 82% rise in group free cash flow to £149 million. The company achieved a year-end net cash position of £184 million, marking its strongest balance sheet in over a decade. UK&I revenue grew by 6% due to market share gains and strategic initiatives, while Nordics profit improved despite challenging market conditions. Currys plans to continue focusing on high-margin, recurring revenue services and aims to increase its iD Mobile subscribers to at least 2.5 million by year-end. The company is confident in its growth prospects and plans to resume dividend payments, reflecting its commitment to delivering consistent and growing shareholder returns.

The most recent analyst rating on (GB:CURY) stock is a Buy with a £1.00 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’s overall stock score of 74 reflects its strong financial recovery and robust corporate performance. The stock’s attractive valuation and positive technical indicators further support its potential, despite some short-term risks indicated by technical overbought signals.

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

More about Currys plc

Currys plc operates in the technology retail sector, offering a range of products and services including consumer electronics, home appliances, and technology solutions. The company focuses on enhancing customer experience through services like credit, setup, installation, repair, and connectivity, and is recognized for its AI-enabled technology offerings. Currys operates primarily in the UK, Ireland, and the Nordics under the brands Currys and Elkjøp.

Average Trading Volume: 4,374,107

Technical Sentiment Signal: Buy

Current Market Cap: £1.33B

For a thorough assessment of CURY stock, go to TipRanks’ Stock Analysis page.

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