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    Home > Finance > UK's Currys raises profit outlook after Christmas sales rise
    Finance

    UK's Currys raises profit outlook after Christmas sales rise

    Published by Global Banking & Finance Review®

    Posted on January 15, 2025

    1 min read

    Last updated: January 27, 2026

    This image showcases the Currys logo alongside key sales figures, illustrating the retailer's positive profit outlook following increased holiday sales. The article discusses how Currys anticipates a significant rise in annual profits due to strong performance during Black Friday and Christmas periods.
    Currys logo with holiday sales figures, highlighting profit outlook increase - Global Banking & Finance Review
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    Quick Summary

    Currys raised its profit outlook for 2024/25 after a 2% sales increase during Black Friday and Christmas, surpassing analyst expectations.

    Currys Increases Profit Forecast Following Holiday Sales Growth

    LONDON (Reuters) - British electricals retailer Currys on Wednesday raised its annual profit outlook after reporting a 2% rise in underlying sales for the key Black Friday and Christmas trading period.

    The group, which sells consumer electricals including computers, televisions, fridges, washing machines and tumble driers, said it expected a 2024/25 adjusted profit before tax of 145-155 million pounds ($177-$189 million) - a rise of up to 31% on the year and ahead of analysts' average forecast of 140 million pounds.

    ($1 = 0.8201 pounds)

    (Reporting by James Davey, Editing by Paul Sandle)

    Key Takeaways

    • •Currys reported a 2% rise in sales during key trading periods.
    • •The company raised its profit forecast for 2024/25.
    • •Expected profit is now 145-155 million pounds.
    • •Analysts had forecasted 140 million pounds.
    • •Currys sells a range of consumer electricals.

    Frequently Asked Questions about UK's Currys raises profit outlook after Christmas sales rise

    1What is the main topic?

    The main topic is Currys raising its profit outlook after increased sales during the holiday season.

    2How much did Currys' sales rise?

    Currys reported a 2% rise in underlying sales during the Black Friday and Christmas period.

    3What is Currys' new profit forecast?

    Currys expects a 2024/25 adjusted profit before tax of 145-155 million pounds.

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