Sell Asos and buy Currys says City broker January 6, 2025 Analysts have backed Currys as their most preferred consumer stock of the year whilst warning investors away from struggling online marketplace Asos. Panmure Liberum analysts set a target price for Currys at 155p versus its current price of 94.25p. The tech retailer had a strong run last year, with its stock up more than 90 [...]
Currys reports £32m Budget tax hit December 12, 2024 Consumer electronics retailer Currys has become the latest company to warn about the impact of Labour’s tax raid on its bottom line. In its half-year results for the six months to 26 October 2024, published this morning, management said the estimated cost of recent tax policy changes could amount to as much as £32m. The [...]
Currys could reveal Black Friday boost or Budget hit in interim results December 7, 2024 Electronics retailer Currys will reveal how much impact the recent Budget is likely to have on its sales next week. Investors will hope the chain has carried on a recent financial recovery into the autumn when it announces its interim results on 12 December. The company is expected to post a profit of £137m for [...]
Currys back in the black thanks to ‘encouraging’ momentum in key markets June 27, 2024 Tech retailer Currys has seen its profit rise as bosses say the company is "getting back on track" after a tumultuous couple of years.
Currys and AO World to shed light on consumer demand for home upgrades June 21, 2024 Investors will get a glimpse into whether consumers are loosening their budgets and upgrading their homes when AO World and Currys report on their yearly profits.
Currys shares soar to 14-month high after electrical retailer raises profit guidance May 14, 2024 Electrical retailer Currys has raised its earnings guidance for the last financial year, expecting a smaller dip in profit compared to the previous year as it enjoyed a return to sales growth in 2024.
Currys shrugs off lack of takeover offer by raising profit forecast for the year March 18, 2024 Tech retailer Currys has officially ended its period for considering takeover bids without securing any offers.
Elliott says it’s no longer interested in making an offer for Currys after two rejections March 11, 2024 Waterstones owner Elliott Advisors has pulled out of the race to take over Curry following two rejections from the electrical retailer.
‘This clearly shows the absurdity of UK stock market valuations’: Currys urged to accept offer that values it at over £1bn March 5, 2024 Currys should accept a takeover offer that would value the company at more than £1bn, according to one of its shareholders.
Elliott tries and fails with second bid for Currys as takeover war continues February 27, 2024 Currys has rejected a second takeover bid from activist investment firm Elliott worth around £700m.