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Currys Surges 10% Amid £162M Profit and AI Boom

7/4/2025

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Summary

Story summary

British retailer Currys has exceeded expectations with an impressive annual adjusted pre-tax profit of £162 million, fueled by soaring demand for AI products in its mobile division. Shares surged nearly 10%, as the company navigates fierce competition from AO World and John Lewis, focusing on service revenue growth and cost-saving strategies to weather economic challenges in the UK.

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Story summary

British retailer Currys has exceeded expectations with an impressive annual adjusted pre-tax profit of £162 million, fueled by soaring demand for AI products in its mobile division. Shares surged nearly 10%, as the company navigates fierce competition from AO World and John Lewis, focusing on service revenue growth and cost-saving strategies to weather economic challenges in the UK.