London · Delayed Price · Currency is GBP · Price in GBX Currys Earnings Call Transcripts
Fiscal Year 2026
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Revenue and profits are up, with upgraded full-year profit guidance and strong free cash flow. Growth is driven by new categories, B2B, and services, while cost savings and omnichannel investments support margin expansion and market share gains.
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Strong first-half results with 8% revenue growth, 32% higher adjusted EBIT, and robust free cash flow were driven by market share gains in the U.K. and accelerating performance in the Nordics. Strategic focus on B2B, new categories, and operational efficiency supports continued growth.
Fiscal Year 2025
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Group delivered strong sales, profit, and cash growth, with market share gains in both U.K. and Nordics. Strategic focus on adjacent categories, B2B, and recurring revenues is driving results, while disciplined cost and margin management support a positive outlook for shareholder returns.
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Delivered like-for-like sales growth in both the UK and Nordics, with strong cash generation and a robust balance sheet. Omnichannel strategy, improved customer satisfaction, and growth in services and credit underpin a confident outlook, with dividend resumption and ongoing cost discipline.
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Group sales and profits grew, with strong UK & Ireland momentum and improved Nordics performance despite market declines. Free cash flow and net cash position strengthened, and cost headwinds are being actively mitigated. Shareholder returns are set to resume by July.
Fiscal Year 2024
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Profits rose 10% to £118m despite a 2% revenue decline, with strong free cash flow and a shift to net cash. Strategic focus on higher-margin services, cost discipline, and investment in stores and digital is driving recovery, with confidence in growing profits and cash flow this year.