Currys has posted an 18% jump in adjusted profit before tax to £191m for FY25/26, with strong trading across both the UK & Ireland and the Nordics.
The retailer reported group revenue of £9.25bn (+6% YoY), driven by like‑for‑like growth of 4%, continued market‑share gains, and expanding higher‑margin services such as credit and iD Mobile, which grew subscribers to 2.6 million (+18%).
Currys finished the year with £176m net cash, after returning £74m to shareholders, and announced a new £50m share buyback. Customer satisfaction hit record levels, with NPS rising in both the UK&I and Nordics.
Nordics performance was a standout, delivering +26% adjusted EBIT growth (currency neutral) and strong momentum in kitchens and computing components.
The Group says early FY26/27 trading homepage briefis “very solid,” with leadership confident despite wider macro uncertainty.
Tag Archives: profit
CDA Returns to Profit
CDA has delivered its strongest performance in more than half a decade, returning to profit in 2025 after an intensive 18‑month transformation programme under Amica Group ownership. The appliance brand reported turnover of £42 million, alongside a £3.4m improvement in profitability, marking its first positive PBT result since 2020.
Marks Electrical reports record sales
Marks Electrical reported record sales in its annual pre close trading update ahead of its full year results, as it experienced a “period of significant strategic change and progress”.
The appliance specialist, which saw its profit halve in November, pulled in full-year revenues of £117.2m for the 12 months ended 31 March, up 2.6% year-on-year
V-Zug’s turnover falls in the first half year
The first half of 2023, the V-Zug Group achieved net sales of 298 million Swiss francs, down by 1.6% compared to the same period of the previous year (303.0 million). The operating result (EBIT) was 5.1 million francs (better than last year’s 4.3 million francs). In the first half of the year purchase prices remained at high levels. To counteract the market-related decline in volumes, further promotional measures and extensive cost-saving measures are being implemented.
Turnover on international markets increased overall by 13.0% to 60.8 million francs but lower sales volumes in Switzerland, especially new buildings and renovations, affected the turnover while the sales price increases, implemented gradually in the previous year and in February 2023, could compensate for the high purchase prices.
Arçelik’s sales
Arçelik has published the balance sheet data relating to the fourth quarter of 2022. Sales increased by 74% compared to the corresponding period of 2021 from 22.5 to 39 billion Turkish liras, (1.9 billion euros at current exchange rates) mainly thanks to the internal market.
Exports were depressed in quantity but much more profitable thanks to the weakness of the Turkish lira and the low cost of energy in the group’s plants.
From a published graph it seems to understand that in Italy sales have contracted by about 5%, less than the European average.
Leveraging, i.e. the ratio between assets and debt, decreased in the fourth quarter thanks to the significant cash generation (the gross margin is around 29%).
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