18 January 2024 - trading update
The electrical retailer has announced a trading statement for the ten weeks to 6 January and this has revealed good levels of trading despite the challenging environment. Strong trading in mobile was offset by weak trading in TVs and computing but overall the company expects that adjusted pre-tax profits for the financial year to 30 April 2024 will be better than expected at between £105m and £115m as opposed to the previous consensus forecast of £104m. Borrowings at the group are also expected to be lower than the last year end and that is . . .
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