blackhorse23

27/6/2024 09:53

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Profit, net cash & cash flow all up significantly

tim 3

27/6/2024 08:26

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They are ok results imo but should remember the shares are up around 40% in the last few months so city probably expected more especially with the very strong results from AO yesterday.

L4L sales were down 2% and current sales are (only) inline.

Increase in profits is encouraging though.

blackhorse23

27/6/2024 08:24

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Everything is solid figures if you read through

pally12

27/6/2024 07:54

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Nothing should be returned until they have solid figures

diku

27/6/2024 07:22

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CURYman jinxed it...

blackhorse23

27/6/2024 07:19

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Strong Performance profit £118m, up 10%Free cash flow £82m, +£174m improvement net cash £96m, +£193mSurplus capital available to return to shareholders

mrphil

27/6/2024 07:11

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Not much reaction first thing!

mrphil

27/6/2024 07:04

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Nice results, share price should rise but who knows!

blackhorse23

27/6/2024 07:03

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Balance sheet and capital allocationThe Group has a clear capital allocation framework:1. Maintain prudent balance sheet (defined as meeting banking covenants and meeting our own targets for indebtedness fixed charge cover of >1.5x and indebtedness leverage

blackhorse23

27/6/2024 07:01

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Excellent results ,

darrin1471

27/6/2024 06:37

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"we expect AI-powered technology to be the most exciting new product cycle since the tablet in 2010. With our partnerships, scale and expert colleagues to demystify AI, we're best-placed to benefit."

netcurtains

21/6/2024 20:03

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England still in Euros - should be ok…
Olympics next

kelso29

21/6/2024 16:17

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Shocking UT today.

tim 3

21/6/2024 15:28

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Yeah just bought an LG OLED amazing pictures unfortunately from Amazon as Currys were £250 more expensive and delivery was more too .

netcurtains

21/6/2024 11:42

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england progress means currys sells more tvs

tim 3

14/6/2024 09:18

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Interesting article.Service has always been the driver of profit.If you believe what he says that there is still plenty of growth in this area could have a big impact on future profits.Sales growth alone has a surprisingly small impact on profits you need the growth in services to really drive profit and it sounds like he is doing the right things.

cordwainer

14/6/2024 09:03

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4 ways Currys’ services arm is boosting the business



edit:
^ are there any other kind of TVs ? which millenium are u living in ?

netcurtains

14/6/2024 06:50

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Olympics and Euros
coming up
Flat Screen TVs going up

cordwainer

03/6/2024 15:18

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I'd guess a new sideways trading range around 80-90p for now rather than another leg up, notwithstanding further expectation-beating news. Some kind of focus on improving the balance sheet would be welcomed while trading is improving, with or without a selloff of iD Mobile.

royaloak

03/6/2024 09:21

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Bought a couple of small items on-line early April, went to collect at the Merry Hill store, very impressed with the service and the activity in the store, so bought the shares, very lucky.

netcurtains

03/6/2024 09:00

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80p is nothing...
Really this should be a lot higher....
Its a great company...
And AI laptops and phones will soon be the "MUST HAVE"....

And of course a place that is MICROSOFT approved.....

netcurtains

03/6/2024 07:13

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we need to forget 80p and push on to 90p

netcurtains

02/6/2024 16:00

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Currys Gaming bundle:

netcurtains

31/5/2024 11:40

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Will ITV or CURRYS hit 80p first?

jjanus

31/5/2024 07:26

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As I said while the attemp done by Elliot Management, this company will do better walking alone.
First target price 140p and then 240 are very very feasible.
The market works after a better trusted timing has come. Profit and revenues will grow and here there is a huge operation leverage.