Currys plc Reports Strong Financial Performance with 37% Profit Growth

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

Currys plc reported a strong financial performance for the year ending 3 May 2025, with an expected full-year adjusted profit before tax of around £162 million, marking a 37% increase year-on-year. The company experienced a 4% growth in group like-for-like sales in the 17-week period post-peak, and significant growth in free cash flow, finishing the year with over £180 million in net cash. The robust performance supports the Board’s intention to resume cash dividends. In the UK & Ireland, sales growth and gross margin improvements offset cost increases, while the Nordics showed strong growth despite currency headwinds. The company maintained strong cost discipline, contributing to improved gross margins and lower interest costs than anticipated.

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 demonstrates significant strengths in financial recovery and operational efficiency, supported by a favorable valuation. Positive corporate events further enhance investor confidence. However, the lack of comprehensive technical data and revenue decline pose moderate risks.

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 708 stores across six countries. The company is a market leader in the UK & Ireland, trading as Currys, and in the Nordics under the Elkjøp brand. It offers a wide range of services and support, including Europe’s largest technology repair facility, and is committed to sustainability and reducing environmental impact.

Average Trading Volume: 3,817,032

Technical Sentiment Signal: Buy

Current Market Cap: £1.34B

For an in-depth examination of CURY stock, go to TipRanks’ Stock Analysis page.