Dixons Carphone reported disappointing Q2 FY18/19 results. While group lfl sales growth improved across all geographies (UK&I electricals: +3.0%, UK&I mobile: +1.0%, Nordics: +7.0% and Greece: +12.0%), the company incurred various non-recurring expenses during the quarter (including a goodwill impairment on UK mobile business, property rationalisation expenses, and regulatory and data incident costs). As a result, H1 FY18/19 net loss came in at £472m (vs £38m profit in H1 FY17/18). While managem ....
12 Dec 2018
First read: disappointing interim results plus strategy update
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First read: disappointing interim results plus strategy update
Currys PLC (CURY:LON) | 63.1 0 0.0% | Mkt Cap: 715.0m
- Published:
12 Dec 2018 -
Author:
Nishant Choudhary -
Pages:
2
Dixons Carphone reported disappointing Q2 FY18/19 results. While group lfl sales growth improved across all geographies (UK&I electricals: +3.0%, UK&I mobile: +1.0%, Nordics: +7.0% and Greece: +12.0%), the company incurred various non-recurring expenses during the quarter (including a goodwill impairment on UK mobile business, property rationalisation expenses, and regulatory and data incident costs). As a result, H1 FY18/19 net loss came in at £472m (vs £38m profit in H1 FY17/18). While managem ....