Dixons Carphone surprised by releasing its Q4 trading update today. The company performed strongly in the international business (Nordics: +8% lfl and Greece: +10%), but the UK & Ireland business slowed to 1% during the quarter (vs 3% in Q3; contributes c.62% of group revenue). Management expects the FY17/18 adjusted PBT to be £357m (vs out estimate: £364m; does not include c.£25m one-off trade balance reconciliation credit due to new system launch).
However, the new CEO has drastically reduced ....
29 May 2018
First read: Q4 trading update
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First read: Q4 trading update
Currys PLC (CURY:LON) | 61.1 0 0.0% | Mkt Cap: 692.3m
- Published:
29 May 2018 -
Author:
Nishant Choudhary -
Pages:
2
Dixons Carphone surprised by releasing its Q4 trading update today. The company performed strongly in the international business (Nordics: +8% lfl and Greece: +10%), but the UK & Ireland business slowed to 1% during the quarter (vs 3% in Q3; contributes c.62% of group revenue). Management expects the FY17/18 adjusted PBT to be £357m (vs out estimate: £364m; does not include c.£25m one-off trade balance reconciliation credit due to new system launch).
However, the new CEO has drastically reduced ....