UK's Currys flags 18% profit rise, defying retail slowdown
19/05/2026 07:04
LONDON, May 19 (Reuters) - British electricals retailer Currys CURY.L 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) ((james.davey@thomsonreuters.com))