Earnings down at Dixons Carphone as mobiles stay static

Earnings down at Dixons Carphone as mobiles stay static
 

Half-time profits at Dixons Carphone have lost their spark, triggering a warning from the electronics giant about potential store closures.
Headline pre-tax profit slumped 60 per cent to £61 million in the 26 weeks to 28 October, down from £154m in the same period last year, while total sales edged up 3 per cent to £4.87 billion.
Dixons Carphone – owner of Currys and PC World – was dragged down by a 3 per cent slide in like-for-like sales at its struggling mobile phone division, including the impact of a delayed iPhone X launch into the second half of the financial year.
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14 December 2017 in Business, Views: 320
Source: Scotsman
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