UK’s Currys rises on upbeat annual profit forecast

Currys

19/05/2026 08:17

** Shares of British electricals retailer Currys CURY.L up 6.4% at 134.5 pence, among top gainers on FTSE midcaps .FTMC index

** Co says recent trading has been very solid; we've not yet seen an impact from the Middle East conflict, and our energy costs are well hedged for the coming year

** Co sees FY adjusted profit before tax to be around 191 million pounds, up 18% YoY

** PBT guidance has been raised, and we increase our forecasts by +3%, implying 18% YoY PBT growth and a solid profit performance across H2, despite well‑flagged cost headwinds - Panmure Liberum analyst

** As of last close, the stock up about 0.3% YTD

(Reporting by Megha Anilkumar Nair)

((MeghaAnilkumar.Nair@thomsonreuters.com;))