Dixons on track for strong first year of profits
DIXONS Carphone is on track to post a strong rise in profits in its first full-year results since Dixons Retail and Carphone Warehouse merged to create a £5.1bn powerhouse last year.
The electrical goods and mobile phone retailer is expected to report profits at the top end of its previously forecast range of £355m to £375m for the year to 2 May.
That compares with an estimated £299m the previous year, if the firms had been combined at the time.
It has already reported that like-for-like sales are up six per cent.
Its full-year results will come a week after signing an agreement with US mobile network operator Sprint that could see it build up a significant presence in the US with 500 Sprint-branded stores.