Currys books £548m loss as boss warns ‘tough environment’ isn’t going anywhere

Currys books £548m loss as boss warns ‘tough environment’ isn’t going anywhere

City A.M.

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Currys has booked a group statutory loss before tax of £548m as its chief executive warned that a “tough environment” showed little signs of disappearing in the short-term. The laptop-seller said the statutory loss was driven by non-cash goodwill impairment of £511m, that arose around the time it merged with Dixons Carphone in 2014. The [...]

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