DC reported broadly in-line with expectations but news on contract negotiations with the UK mobile operators was restricted to the analyst conference Q&A suggesting no material benefit to DC from the renegotiations. The uncertainty surrounding this part of its business is highlighted by the minus 7% LFL in UK & Eire Mobile LFLs (worse than the - 5% consensus expectation) albeit this is against a similar magnitude increase last year giving a two-year flat LFL (in turn highlighting the
22 Jan 2019
Christmas Trading IMS | overall OK, mobile issues resolution still low visibility
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Christmas Trading IMS | overall OK, mobile issues resolution still low visibility
Currys PLC (CURY:LON) | 61.3 -0.9 (-2.3%) | Mkt Cap: 694.8m
- Published:
22 Jan 2019 -
Author:
Tony Shiret -
Pages:
4
DC reported broadly in-line with expectations but news on contract negotiations with the UK mobile operators was restricted to the analyst conference Q&A suggesting no material benefit to DC from the renegotiations. The uncertainty surrounding this part of its business is highlighted by the minus 7% LFL in UK & Eire Mobile LFLs (worse than the - 5% consensus expectation) albeit this is against a similar magnitude increase last year giving a two-year flat LFL (in turn highlighting the