10th Sep 2026 10:09
(Alliance News) - Currys PLC on Thursday said it made a "strong start" to the year, as the company benefited from the World Cup and summer heatwaves.
The London-based electrical and telecommunications retailer said like-for-like revenue grew 7% year-on-year in the 17 weeks to August 29. It concluded its prior financial year on May 2.
In the UK & Ireland, like-for-like revenue was up 6%, while in the Nordics it grew 9%, Currys said.
In the UK & Ireland, Currys reported sales growth in both stores and online, with double-digit growth in new categories and business-to-business.
In the Nordics, like-for-like revenue grew 9%, with sales growth across both channels driven by white goods and mobile, as well as business-to-business and services, the company said.
Group Chief Executive Fredrik Tonnesen "Currys has maintained its strong momentum. Across the group, we saw growth in both stores and online, with new categories, B2B and Services all growing strongly.
"In the UK&I, we gained share in every category, in a market that was flat even with the help of the World Cup and Summer heatwaves. In the Nordics we gained share in most categories and countries in a market that grew strongly," Chief Executive Fredrik Tonnesen said.
Currys said it is "comfortable with market consensus", which it puts at GBP199 million for adjusted pretax profit. This would represent a 4.2% rise from GBP191 million in financial 2026.
Shares in Currys were down2.6% at 147.80 pence on Thursday morning in London.
By Niall Holden, Alliance News reporter
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