Full year profits expected to be above previous guidance
We Help Everyone Enjoy Amazing Technology
Current year guidance
In the period since 4 January 2025, trading has been robust with continued positive like-for-like sales growth in the UK&I and the Nordics.
With less than five weeks of the financial year remaining, Group adjusted profit before tax is now expected to be around £160m (compared to previous guidance of £145-155m).
The Group expects to finish the year in a strong net cash position.
A full year trading update is scheduled for 21 May 2025.
Next scheduled announcement
The Group is scheduled to publish a trading update for the 53 weeks ending 3 May 2025 on 21 May 2025.
For further information
| Dan Homan | Investor Relations | +44 (0)7401 400442 |
| Tatiana Raikes | Corporate Communications | +44 (0)7885 155196 |
| Sofie Brewis | Brunswick Group | +44 (0)2074 045959 |
Information on Currys plc is available at www.currysplc.com
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About Currys plc
Currys plc is a leading omnichannel retailer of technology products and services, operating online and through 715 stores in 6 countries. We Help Everyone Enjoy Amazing Technology, however they choose to shop with us.
In the UK & Ireland we trade as Currys and in the UK we operate our own mobile virtual network, iD Mobile. In the Nordics we trade under the Elkjøp brand. We're the market leader in all markets, able to serve all households and employing 24,000 capable and committed colleagues.
We help everyone enjoy amazing technology. We believe in the power of technology to improve lives, helping people stay connected, productive, fit, healthy, and entertained. We're here to help everyone enjoy those benefits and with our scale and expertise, we are uniquely placed to do so.
Our full range of services and support makes it easy for our customers to discover, choose, afford and enjoy the right technology to the full. The Group's operations include Europe's largest technology repair facility, a sourcing office in Hong Kong and an extensive distribution network, centred on Newark in the UK and Jönköping in Sweden, enabling fast and efficient delivery to stores and homes.
We're a leader in giving technology a longer life through repair, recycling and reuse. We're reducing our impact on the environment in our operations and our wider value chain and we aim to achieve net zero emissions by 2040. We offer customers products that help them save energy, reduce waste and save water, and we partner with charitable organisations to bring the benefits of amazing technology to those who might otherwise be excluded.
Certain statements made in this announcement are forward-looking. Such statements are based on current expectations and are subject to a number of risks and uncertainties that could cause actual results to differ materially from any expected future events or results referred to in these forward-looking statements. Unless otherwise required by applicable laws, regulations or accounting standards, we do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise. Information contained on the Currys plc website or the 'X' feed does not form part of this announcement and should not be relied on as such.
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