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Dixons Carphone first quarter sales climb 8 percent, beat forecasts

Published 10/09/2015, 07:21
Updated 10/09/2015, 07:28
© Reuters. The headquarters of Carphone Warehouse is seen in west London
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LONDON (Reuters) - Dixons Carphone plc (L:DC), the European electrical goods and mobile phone retailer, reported a consensus-beating 8 percent rise in first quarter underlying sales, led by a strong showing in its home market Britain.

The group, which trades as Carphone Warehouse, Currys and PC World in the UK and Ireland, Elkjop and Elgiganten in Nordic countries, said UK like-for-like sales rose 10 percent in the 13 week period ended Aug. 1.

Group sales growth of 8 percent compared to a company-supplied consensus forecast of 4 percent. In the Nordics, underlying sales rose 4 percent, while they were flat in its southern European stores.

© Reuters. The headquarters of Carphone Warehouse is seen in west London

Dixons Carphone was formed in a merger last year.

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