Currys plc Reports Robust Peak Trading and Positive Profit Outlook

An update from Currys plc ( (GB:CURY) ) is now available.

Currys plc reported strong trading performance for the peak period ending 4 January 2025, with UK & Ireland revenue increasing by 2% and Nordics by 1%. The company’s profit outlook has improved, driven by robust sales in mobile, gaming, and premium computing, and a significant increase in omnichannel sales. Currys expects to surpass consensus profit expectations with a forecasted adjusted profit before tax of £145-155 million, reflecting strong free cash flow and business momentum, leading to a planned dividend declaration.

More about Currys plc

Currys plc is a leading omnichannel retailer specializing in technology products and services, operating both online and through 715 physical stores across six countries. The company serves a broad customer base with a core mission to enhance lives through technology, offering a range of services including technology repairs, recycling, and extensive distribution networks.

YTD Price Performance: -11.64%

Average Trading Volume: 2,924,176

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £956.3M

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