Currys Posts Annual Pre-Tax Profits Above Estimates

Currys posts annual pre-tax profits above estimates

British electricals retailer Currys has today reported annual adjusted pre-tax profit above market expectations, as higher sales and tight cost control helped offset pressures from increased wages and costs.

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The UK’s equivalent of JB Hi-Fi, Currys, has seen a 37% lift in full-year profits to £162 million (A$336 million), driven by strong UK sales and booming credit services. Currys group revenue climbed 3% to £8.7 billion for the year ending 3 May, while recurring service revenue jumped 12% and credit sales surged 14% to...

Currys shrugs off economic uncertainty to bolster takings

Electricals retailer Currys recorded a jump in cash flow as the firm out-performed competitors with growth across in-store and online sales. Currys posted profit before tax for the year ending May 3 2025 of £162m, falling in line with expectations of a 37 per cent increase pencilled in earlier this year. Net cash – the difference between a firm’s total inflows and outflows – hit its highest in a decade at £184m. Shares in Currys jumped over eigh…