UK's Currys flags 18% profit rise, defying retail slowdown

LONDON, May ​19 (Reuters) - British ⁠electricals retailer Currys ​forecast an 18% rise ​in ‌annual profit after underlying ⁠sales in its ⁠main UK ​and Ireland business rose 3%, bucking the trend ​of ‌a generally subdued retail sector.

Currys, which sells computers, ​gaming products, televisions, fridges, ‌washing machines and mobile phones, forecast ‌a year to May 2 adjusted profit before ​tax of around 191 million ‌pounds ($256 million), up from 162 million pounds ⁠in ⁠2024/25. The ‌group previously guided to 180 ​to 190 ​million ‌pounds. ($1 = 0.7458 pounds) (Reporting by James Davey; editing by Sarah Young)

Currys