There were no major surprises in the Q3 results. We expect the UK businesses to remain weak in the near term even if the company is succeeding in gaining market share. Any tangible progress towards implementation of the recently-announced turnaround plan would be the biggest upside trigger for the stock price. No change in our stock recommendation.
22 Jan 2019
No major surprises in Q3
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No major surprises in Q3
Currys PLC (CURY:LON) | 63.1 0 0.0% | Mkt Cap: 715.5m
- Published:
22 Jan 2019 -
Author:
Nishant Choudhary -
Pages:
3
There were no major surprises in the Q3 results. We expect the UK businesses to remain weak in the near term even if the company is succeeding in gaining market share. Any tangible progress towards implementation of the recently-announced turnaround plan would be the biggest upside trigger for the stock price. No change in our stock recommendation.