Dixons, UK's fifth 'emergency service', brushes off Brexit scare stories

www.theregister.co.uk | 6/29/2016 | Staff
aka1aka1 (Posted by) Level 4
Click For Photo: https://regmedia.co.uk/2016/06/24/brexit_puzzle.jpg?x=1200&y=794

Dixon Carphone - which, god help us, wants to become the fifth emergency service in the UK - this morning played down the personal impact of market “volatility” that a post-Brexit vote will “inevitably” cause as it reported bumper profits for fiscal ’16.

The retailer said like-for-like group sales edged up three per cent year-on-year in local currency to £9.78bn for the year ended 30 April - the UK heartland went up one per cent to £6.4bn, reflecting stores closure.

Demand - Box - Goods - Trade - TV

Demand for white box goods offset weaker trade in computing, TV sales benefited from the Rugby World Cup last year it said. The mobile element saw market share gains helped by the store within a store concept, the launch of a 4G network branded iD and lasting benefits of Phones4You going pop in the prior financial year.

The borg is rolling out the 3-in-1 store concept, merging the PC World and Currys outlets, and slotting Carphone Warehouse into those that don’t include the mobile phone biz. The refitting programme will lead to the closure of 134 stores, and will dampen profits in the current fiscal...
(Excerpt) Read more at: www.theregister.co.uk
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