Currys plc

Currys PLC (LSE:CURY), Tesco PLC (LSE:TSCO) and Kingfisher PLC (LSE:KGF) were among the retailers tipped to benefit from signs that UK consumer spending strengthened in June, while Primark owner Associated British Foods PLC (LSE:ABF) could be one of the main loser as shoppers increasingly bought online. Analysts at Citi said industry data from the British Retail Consortium and Barclaycard pointed to a sequential improvement in retail sales, driven by stronger demand for non-food products.

proactiveinvestors.co.uk - 2026-07-15 08:02:23

Currys LON: CURY reported stronger annual profit, free cash flow and net cash, with management saying the electricals retailer is benefiting from improving momentum in both the U.K. and the Nordics.

marketbeat.com - 2026-07-09 13:02:26

Citi has raised its price target on Currys PLC (LSE:CURY) to 184 pence from 168 pence and reiterated a 'buy' rating following what it called robust full-year results. Currys, the electricals retailer, reported adjusted pre-tax profit of £191 million for the year to April, in line with guidance the company had upgraded in May.

proactiveinvestors.co.uk - 2026-07-03 06:36:57

Currys PLC (LSE:CURY) shares fell 4.3% to 156.6p despite reporting strong annual results, as concerns over an emerging chip shortage and its impact on electronics prices overshadowed a profit jump and another shareholder payout. The FTSE 250 retailer reported an 18% rise in adjusted pre-tax profit to £191 million, doubled its dividend and announced a fresh £50 million share buyback.

proactiveinvestors.co.uk - 2026-07-02 07:07:14

Currys PLC (LSE:CURY) doubled its dividend and unveiled a new £50 million share buyback as the electricals retailer posted profits in line with previous guidance and said trading at the start of its new financial year had been "very solid". Adjusted pre-tax profit for the year to 2 May jumped 18% to £191 million, on revenue up 6% to £9.25 billion.

proactiveinvestors.co.uk - 2026-07-02 02:49:27

RBC Capital Markets has upgraded Currys PLC (LSE:CURY) to 'outperform' from sector perform and lifted its price target to 180p from 165p, sending the shares 2% higher to 153.6p on Tuesday. The broker said the electricals retailer was shifting from a recovery story into what it called a likely multi-year compounder with strong cash returns.

proactiveinvestors.co.uk - 2026-06-16 07:34:57

Currys PLC (LSE:CURY) opting to promote Fredrik Tønnesen from within its Nordic division is a sensible move, analysts said, even if it did not get much of a share price reaction. Rather than go for a change of direction, the electricals retailer's decision suggests the board believes the turnaround engineered by Alex Baldock remains unfinished, but firmly on the right track.

proactiveinvestors.co.uk - 2026-06-03 08:05:24

Currys PLC (LSE:CURY) has promoted Fredrik Tønnesen, a former sales assistant and most recently the head of its Nordic business, to succeed Alex Baldock as group chief executive as the electricals retailer looks to build on a recent recovery in trading and profits. Tønnesen, 44, will take over on 3 August after rising through a series of senior management roles over more than two decades with the company.

proactiveinvestors.co.uk - 2026-06-03 03:05:03

Currys PLC (LSE:CURY) expects annual profits to come in ahead of guidance after strong trading in both the UK and Nordic markets helped it gain market share. The FTSE 250 electricals retailer said adjusted pre-tax profit for the year to 2 May is expected to be about £191 million, up 18% on the previous year and ahead of recently indicated guidance of £180-190 million.

proactiveinvestors.co.uk - 2026-05-19 02:42:48