Dixons Carphone units make up a variety of fortunes



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The group sees a "strong growth"
The group sees a "strong growth"

John Mulligan

  • Dixons Carphone units make up a variety of fortunes

    Independent.ie

    The pre-tax earnings of the Irish division of Currys PC World, part of the Dixons Carphone Group, climbed to 6.5 million euros over its last fiscal year as the retailer benefited from an economy stronger and boost of his black Friday before Christmas sales event.

    https://www.independent.ie/business/world/dixons-carphone-units-dial-up-mixed-fortunes-37949438.html

    https://www.independent.ie/business/article37949437.ece/ef078/AUTOCROP/h342/2019-03-26_bus_49042064_I1.JPG

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The pre-tax earnings of the Irish division of Currys PC World, part of the Dixons Carphone Group, climbed to 6.5 million euros over its last fiscal year as the retailer benefited from an economy stronger and boost of his black Friday before Christmas sales event.

The accounts we have just submitted for the company show that the profit for the last 12 months of the year at the end of April last year was comparable to a pre-exceptional loss of almost 1, 5 million euros the previous year. The turnover of Currys PC World was 168.3 million euros in the last financial year, compared with 158.4 million euros in the last 12 months.

However, the situation in the Carphone Warehouse business in Ireland was darker, issue accounts have just been deposited in the registry office of companies.

The turnover of the unit rose from 110.9 million euros last year to 104.5 million euros in the last financial year. It recorded a pre-tax loss of € 1.86 million, although this figure is higher than the € 3.5 million recorded in the previous financial year, while it also posted an exceptional gain of € 2.1 million. €. During the financial year ended last April, it recorded exceptional negative items totaling 3.5 million euros.

Carphone Warehouse Ireland had accumulated losses of just under 56 million euros at the end of April. Currys PC World had recorded losses of 18.8 million euros, according to its accounts.

"These results show that the ongoing remodeling of the company and its disciplined approach continue to improve profitability and create a successful business managed by Ireland," Carphone Ireland's Dixons said in a statement. .

The general manager of the Irish arm is Mark Delaney.

The group added that it continued to experience "strong growth" during the current fiscal year ending next month.

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