UK electricals retailer Currys raises profit outlook after robust trading - Finance news and analysis from Global Banking & Finance Review
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UK electricals retailer Currys raises profit outlook after robust trading

Published by Global Banking & Finance Review

Posted on April 3, 2025

1 min read

· Last updated: April 3, 2025

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Currys Increases Profit Forecast Following Strong Trading

LONDON (Reuters) - British electricals retailer Currys on Thursday raised its full-year profit forecast, saying trading since early January had been robust.

The group, which sells consumer electricals from computers to washing machines and TVs, said adjusted profit before tax in its 2024/25 year was now expected to be around 160 million pounds ($209 million), up from previous guidance of 145 million-155 million pounds.

($1 = 0.7638 pounds)

(Reporting by James Davey; Editing by Jan Harvey)

Key Takeaways

  • Currys raises its full-year profit forecast.
  • Expected profit is now around £160 million.
  • Previous guidance was £145-155 million.
  • Trading has been robust since early January.
  • Exchange rate: $1 = 0.7638 pounds.

Frequently Asked Questions

What is the main topic?
The main topic is Currys raising its profit outlook for the 2024/25 year due to strong trading performance.
What is the new profit forecast for Currys?
Currys has raised its profit forecast to around £160 million for the 2024/25 year.
Why did Currys raise its profit forecast?
Currys raised its profit forecast due to robust trading since early January.

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