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Currys plc ( (GB:CURY) ) just unveiled an update.
Currys plc reported a strengthening financial performance for the half-year ending October 2024, with a notable 52% year-on-year increase in adjusted EBIT to £41 million and a significant rise in free cash flow. The UK and Ireland segments saw a 6% revenue growth, driven by increased market share and strategic initiatives, while the Nordics achieved a 50% rise in adjusted EBIT despite challenging market conditions. The company is committed to maintaining its growth trajectory, focusing on customer satisfaction and colleague engagement, while navigating new government policy headwinds that could impact costs and investment strategies.
More about Currys plc
Currys plc operates in the consumer electronics industry, providing a range of technology products and services. The company focuses on enhancing technology enjoyment for everyone through its offerings, which include services, business-to-business solutions, and mobile subscriptions. Currys has a significant market presence in the UK, Ireland, and Nordic regions, with a strong emphasis on strategic market share growth and customer satisfaction.
YTD Price Performance: 58.81%
Average Trading Volume: 2,562,547
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £888.2M
See more insights into CURY stock on TipRanks’ Stock Analysis page.
