Posted By Global Banking and Finance Review
Posted on January 15, 2025
LONDON (Reuters) - British electricals retailer Currys on Wednesday raised its annual profit outlook after reporting a 2% rise in underlying sales for the key Black Friday and Christmas trading period.
The group, which sells consumer electricals including computers, televisions, fridges, washing machines and tumble driers, said it expected a 2024/25 adjusted profit before tax of 145-155 million pounds ($177-$189 million) - a rise of up to 31% on the year and ahead of analysts' average forecast of 140 million pounds.
($1 = 0.8201 pounds)
(Reporting by James Davey, Editing by Paul Sandle)