Currys plc (LSE:CURY) has reported a robust first-half performance, with adjusted profit before tax rising to £22 million, representing a 144% increase year on year. Free cash flow also strengthened significantly, increasing 68% to £84 million, reflecting improved operational efficiency and disciplined cost management.
Revenue growth was recorded across both the UK & Ireland and Nordic regions. In the UK & Ireland, performance was supported by growth in services, increased B2B sales, and the expansion of new product categories, while Nordic operations delivered strong execution and maintained market leadership. Despite ongoing cost pressures, Currys outperformed the wider UK market and continued to demonstrate resilience in a challenging retail environment.
The group remains focused on sustainable growth, cash generation, and returning value to shareholders. This approach is reflected in its £50 million share buyback programme and the declaration of dividends. Full-year guidance has been left unchanged, underlining management’s confidence in the company’s financial and operational trajectory.
More about Currys plc
Currys plc is a leading retailer of consumer electronics and technology products, offering solutions across computing, mobile, domestic appliances, and associated services. The company operates across the UK, Ireland, and the Nordic region, serving both consumer and business-to-business customers through an extensive store network and digital channels.
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