Currys PLC conveyed a positive outlook for the upcoming year, buoyed by indications of a rebound. The consumer technology product and service retailer, headquartered in London, forecasts its adjusted pretax profit—excluding its operations in Greece—to be in the range of GBP 115 million to GBP 120 million for the fiscal year concluding on April 27. This projection is on par with the GBP 119 million adjusted pretax profit from the previous year and surpasses the initially estimated minimum of GBP 105 million.

The company reported a 2% increase in group like-for-like sales over the 16 weeks following the Christmas peak season. Despite this uptick, the annual like-for-like sales for the group saw a 2% decrease. Specifically, the UK and Ireland experienced a 2% drop in like-for-like sales, while the Nordic region recorded a 3% decline.