Currys plc (GB:CURY) has released an update.
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Currys PLC has reported a positive start to the year with a 5% increase in UK & Ireland like-for-like revenue, highlighting strong sales in AI computing products and a significant subscriber growth for iD Mobile. Despite a challenging consumer environment, the Nordics region saw market share growth and improved gross margins, with the company maintaining tight control over operating costs. The overall confidence in the company’s financial outlook remains strong, with expectations for profit and free cash flow growth remaining unchanged.
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