Currys pushing the right buttons amid tech growth

ELECTRICALS chain Currys has reported an upward surge in cash flow, outstripping rivals with enhanced growth through both its physical stores and digital platforms.

- SAMUEL NORMAN

Currys announced pretax profits for the year ending May 3, 2025, of £162m, aligning with earlier forecasts predicting a 37% rise.

The company's net cash flow reached a decade high at £184m.

The retailer experienced a like-for-like sales increase of 2%, primarily driven by a 4% growth in the UK and Ireland. The firm attributed this to a "resilient" consumer market, where cost inflation is softening and interest rates are beginning to drop.