Currys has delivered a standout performance, raising its annual profit by 37% to £162 million for the year ending 3 May 2025—beating market expectations on the back of robust UK sales and a surge in demand for tech services and credit options.
💹 Key Financial Highlights:
– Group revenue climbed 3% year-on-year, reaching £8.7 billion.
– UK and Ireland like-for-like sales jumped 4%, reflecting solid consumer engagement.
– Recurring service revenue rose 12%, while credit sales soared 14% to hit £1.1 billion.
– Mobile subsidiary **iD Mobile** welcomed 450,000 new customers, lifting its subscriber base by 26% to 2.2 million.
– **Statutory pre-tax profit** saw a dramatic rise to £124 million, up from just £28 million a year earlier.
🚀 CEO Alex Baldock praised the company’s trajectory, stating: _“Currys’ performance continues to strengthen and the business has real momentum
