The Channel logo

News

By | John Oates 8th September 2004 11:22

Dixons upbeat on trading

Well-placed for 'year of progress'

Dixons Stores Group sales for the 18 weeks to 4 September 2004 were eight per cent up on the same period last year and five per cent up on a like-for-like basis. UK sales were up nine per cent or seven per cent like-for-like. Currys and PC World both performed well.

But gross margin at the the UK's biggest electrical retailer, fell 0.4 per cent because of more business-to-business sales and "lower credit commissions".

International sales were up 13 per cent, but were flat on a like-for-like basis. The firm operates in the Czech Republic, France, Hungary, Ireland, Italy, Spain and the Nordic countries.

John Clare, chief executive, gave the trading update at the firm's annual general meeting. He said the firm is well placed for a "year of progress". Dixons sales performance showed "encouraging signs of recovery from last year's levels, and The Link continues to perform well in a growing market" .The company announced in April it was closing 106 under-performing stores. ®

Related stories

Dixons seeks 1,000 new recruits
Retailers bans Manhunt after murder link claim
Dixons profits up
Dixons shutters 106 stores

alert Send corrections

Opinion

Ship scrapyard photo via Shutterstock
Windows 10 Universal Apps
Windows 10 on Surface 3

Tim Anderson

It's do-or-die for Microsoft's new operating system on 29 July

Features

Steve Ballmer. Pic:  Aanjhan Ranganathan
Nokia is the biggest write-off yet, but it wasn't the first
Confused computer keyboard
Last Christmas, I gave you my Cloud, the very next day you gave it away
Time to pull out the magnifying glass to swot up on those Ts&Cs
Android icon desktop toys
Nice devices, now speak 'enterprise' to me