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CURY

Currys

Retailers

Index
FTSE 250
ISIN
Not specified
Book status
2026 edition — current
01

Company summary

Currys is a major electrical and technology retailer operating stores and online businesses in the UK, Ireland and the Nordic countries. It sells consumer electronics, appliances, computing and mobile products alongside services and credit.

02

Key activities

Retailing televisions, computers, phones, white goods and other electronics; installation and repair services; consumer credit; mobile services through iD Mobile; and omnichannel retail through stores and websites.

03

Key markets

The UK and Ireland are the largest markets, with a substantial Nordic business operating across Scandinavia.

04

Key drivers

Consumer technology replacement cycles, market share, gross margins, services and credit income, iD Mobile growth, Nordic recovery, cost control, cash generation and successful omnichannel execution.

05

Key risks

Weak discretionary spending, intense online and store competition, product deflation, supplier concentration, credit losses, execution problems in the Nordics and pressure from wage, property and logistics costs.

06

Recent Developments

2 July 2026: full-year revenue rose 6% to £9.25bn and adjusted pre-tax profit increased 18% to £191m. Currys ended the year with £176m net cash, doubled the dividend and announced a £50m share buyback; Fredrik Tønnesen became CEO in August.

07

Dividend notes

Pays interim and final dividends. The 0.75p interim was paid on 28 January 2026. The 2.25p final dividend goes ex-dividend on 27 August and is payable on 25 September, taking the FY2026 total to 3.0p, double the previous year's distribution.

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