Currys Like-for-Like Revenue Rises 7% in First 17 Weeks

Currys (LSE:CURY) reported a 7% increase in group like-for-like revenue for the 17 weeks ended 29 August 2026, with growth across both the UK & Ireland and Nordic businesses.

Like-for-like revenue increased 6% in the UK & Ireland and 9% in the Nordics. The company reported higher sales through both stores and online channels during the period.

Currys also recorded growth across newer product categories, business-to-business operations and services. The company said it increased market share across most major categories despite broadly flat market conditions in the UK.

Gross margins remained stable during the period.

iD Mobile Subscribers Increase 16%

Currys reported continued growth in recurring services, with the number of iD Mobile subscribers increasing 16% to more than 2.7 million.

The retailer also reported increased adoption of its flexpay offering.

Currys maintained its full-year guidance and said it continues to expect year-end net cash to be well above its £100 million target.

The company is also progressing a £50 million share buyback programme, with almost half of the programme completed at the time of the trading update.

The update was issued by Group Chief Executive Fredrik Tønnesen.

Currys confirmed that its 2026 annual general meeting is being held in London on 10 September 2026. Interim results covering the 26 weeks ending 31 October 2026 are scheduled to be published on 17 December 2026.

More about Currys plc

Currys plc is a consumer technology retailer operating through stores and online channels.

The group trades under the Currys brand in the UK & Ireland and Elkjøp in the Nordic region, with a total of 691 stores across six countries.

Its operations also include business-to-business services, the iD Mobile virtual mobile network, repair facilities and a European distribution network.

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