Strong Sales See Dsg Raise Its Expectations

Birmingham PostMay 12, 2006

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Summary


The owner of Dixons and Currys pushed up profits expectations after revealing strong sales performances at its high street businesses.

DSG International yesterday said like-for-like sales rose nine per cent at Currys and by eight per cent at Dixons in the 24 weeks to the end of April. As a result, DSG said underlying profits for the financial year just completed would be in the range of pounds 312 million and pounds 318 million, compared with previous expectations in the City for pounds 300 million to pounds 310 million.

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Strong Sales See Dsg Raise Its Expectations

The profits upgrade came despite a challenging trading environment and a further disappointing perf...

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