Currys full-year profit to beat expectations

18th Jan 2024 07:38

(Sharecast News) - Electricals retailer Currys said on Thursday that full-year profit was set to be ahead of consensus expectations despite reporting a drop in sales.

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Currys full-year profit to beat expectations

18th Jan 2024 07:38

(Sharecast News) - Electricals retailer Currys said on Thursday that full-year profit was set to be ahead of consensus expectations despite reporting a drop in sales.

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Berenberg nudges up target price on Currys following interims

15th Dec 2023 16:00

(Sharecast News) - Analysts at Berenberg nudged up their target price on electrical retailer Currys from 62.0p to 64.0p on Friday, stating cost control had delivered margin progression.

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London close: Stocks rise as BoE keeps rates on hold

14th Dec 2023 16:40

(Sharecast News) - London stocks closed higher on Thursday after the Bank of England maintained interest rates at lunchtime, as anticipated.

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Currys narrows H1 losses; Nordics recovery on track

14th Dec 2023 07:01

(Sharecast News) - Electrical retailer Currys held annual guidance as interim losses narrowed and its Nordics unit reported an improvement in gross margins, although sales fell 4% as consumers cut back on discretionary spending.

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RBC Capital lifts Currys to 'outperform'

20th Nov 2023 07:25

(Sharecast News) - RBC Capital Markets upgraded Currys on Monday to 'outperform' from 'sector perform' and lifted the price target to 70p from 60p as it said it was "becoming investable again".

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Currys has major upside after European disposal, says Liberum

3rd Nov 2023 11:24

(Sharecast News) - Liberum has reiterated its 'buy' recommendation on Currys, saying that the €200m sale price of its Greek and Cypriot operations is an "excellent outcome" for the consumer electronics retailer.

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Currys offloads Kotsovolos to shift focus back to UK, Ireland and Nordics

3rd Nov 2023 07:07

(Sharecast News) - Consumer electronics retailer Currys is selling its entire Greek and Cypriot division for €200 million (£175m) in a move which it says will simplify its business model and pay down its pension deficit.

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Currys evaluating non-binding offers for Greek business

10th Oct 2023 07:29

(Sharecast News) - Electricals retailer Currys said on Tuesday that it has received interest from several potential buyers for its Greek business, Kotsovolos.

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Director dealings: Currys non-exec invests, Caledonia CEO covers tax bill

20th Sep 2023 12:14

(Sharecast News) - Currys was on the list of director purchases on Wednesday after its deputy non-executive chair picked up almost £0.1m of shares.

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Sales decline eases at Currys, but Nordics still a drag

7th Sep 2023 07:38

(Sharecast News) - Electrical retailer Currys saw its sales decline ease slightly in the first quarter but noted a continuing "challenging" trading environment, especially within its Nordics division.

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Director dealings: Currys chair invests, M&S board members cover tax liabilities

7th Jul 2023 13:49

(Sharecast News) - Currys was again on the list of director buys on Friday, after the chair of its board purchased almost 0.2m shares.

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Director dealings: Kingfisher, Currys board members invest

6th Jul 2023 14:42

(Sharecast News) - Two major retailers were on the list of director buys on Thursday, with both Kingfisher and Currys disclosing large purchases made by board members.

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Currys pulls final dividend as Nordics hits earnings

6th Jul 2023 07:01

(Sharecast News) - UK electrical retailer Currys pulled its final dividend, citing an uncertain outlook as annual profits fell due to its poorly-performing Nordics division.

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Frasers Group lifts stakes in AO World, Currys

26th Jun 2023 12:20

(Sharecast News) - Mike Ashley's Frasers Group has increased its stake in electrical retailer AO World for a third time to more than 22% and also lifted its stake in rival Currys, according to stock exchange filings on Monday,

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