Electrical
The latest news, updates and analysis on the electronic goods segment of the the UK retail industry. Sign up to the Daily Briefing and let Retail Sectorโs business journalists keep you in the picture.
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Apr- 2024 -24 April
Gear4music FY performance in line with expectations
Gear4music has revealed that its FY24 revenues and EBITDA are in line with market expectations, with revenues hitting ยฃ144.1m for…
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16 April
Marks Electrical FY sales hit record ยฃ114.3m
Online white goods retailer Marks Electrical has reported record full-year revenues of ยฃ114.3m for the 12 months ended 31 March…
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8 April
Currys shareholder calls for mobile phone business sale
Currys shareholder JO Hambro has called upon the business to sell its mobile phone business ID Mobile, according to The…
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Mar- 2024 -28 March
AO to meet profit guidance
Electricals retailer AO has announced that it expects to hit its previously pledged profit guidance with adjusted profit before tax…
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18 March
Currys ups profit guidance after takeover bid fails
Currys has revealed that it expects its full-year pre-tax profit to be โat least ยฃ115mโ after predicting it would land…
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14 March
Music Magpie FY23 losses widen
Music Magpie has revealed that pre-tax losses have widened to ยฃ6.8m during the year ended 30 November 2023 from ยฃ1.5m…
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11 March
Elliott ditches Currys takeover plansย
Elliott Management has abandoned plans to buy Currys after claiming that โmultipleโ attempts to engage with the companyโs board were…
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11 March
Currys appoints Octavia Morley as non-executive director
Currys has announced the appointment of Octavia Morley as a non-executive director and a member of the company’s Remuneration, ESG…
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6 March
Shareholder calls for Currys to hold out for ยฃ1bn offer
A Currys shareholder, JO Hambro Capital Management (JOHCM), has stated that the electronics retailer should hold out for an offer…
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5 March
Currys invests ยฃ13m in staff pay boost
Currys has announced a further boost to pay with a new ยฃ13m investment which will see all hourly paid staff…
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