Currys profits fall as Nordics success ‘brought to abrupt halt’

Exterior of Currys store. Sign shows an employee and reads: 'Talk tech.'

Electricals giant Currys has posted a fall in full-year profit after its long track record of Nordics success “was brought to an abrupt halt”.

Currys reported profit before tax of £119m, which it said has fallen “at the top end of guidance” for the full year to April 29, 2023, despite being down 38% year on year due to “lower Nordic profits”.

Currys also posted a 45% jump in full-year adjusted EBIT year on year to £170m for its core UK and Ireland division.

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