Belfast Telegraph

Retailer is boosted by 'strange' Christmas

By Graeme Evans

The newly created company behind Carphone Warehouse and Currys PC World said it was trading ahead of expectations after a "rollercoaster" Christmas sparked by demand for Black Friday promotions.

Dixons Carphone, which is worth £5bn after a merger in the summer, said like-for-like sales were up 8% in the UK and Ireland in the nine weeks to January 3, meaning annual profits will be stronger than City forecasts.

Chief executive Sebastian James said the "huge scale and success" of Black Friday promotions at the end of November caused a lull in trading over the following three weeks before a record Boxing Day.

He added: "The strange shape of this year's Christmas trading was something of a rollercoaster but I am very pleased with the end result."

Laptop sales returned to growth but a lack of new products meant tablet sales fell sharply in the period.

The company also reported growth in "ultra-high-definition" TVs and a strong peak trading period in white goods.

Belfast Telegraph