Currys upgrades profit guidance despite sales slip

Exterior of Currys store

Currys expects full-year profits to exceed consensus expectations following a “successful peak trading period”.

In the 10 weeks to January 6, group like-for-like sales slipped by 3% compared with the same period last year, but the electricals giant said it also delivered “robust profits”.

Like-for-like sales in the UK and Ireland fell by 3%, while sales in the Nordics and Greece declined by 2% and 4% respectively.

 

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