Currys PLC (LSE:CURY) posted FY revenue of £9.25bn and strong adjusted profits, announced a £50m buyback, doubled its full‑year dividend and plans ~£85m returns for 2026/27 while warning AI‑driven chip shortages may lift device prices despite secured supply through September and targeting 2.8m iD Mobile subs.
Previous Week Recap
- Currys Launches £50m Buyback: Currys PLC (CURY) launches £50m buyback, doubles full‑year dividend and forecasts ~£85m shareholder returns for 2026/27; reiterates target of at least 2.8m iD Mobile subscribers by year‑end.
- Chip Shortage To Hit Prices: Currys PLC (CURY) says a global memory chip shortage tied to AI and data‑centre demand will likely raise smartphone and laptop prices later this year; supply secured through at least September.
- Currys FY Revenue £9.25bn: Currys PLC (CURY) reported FY revenue £9.25bn (+6% y/y), adjusted EBIT £255m and adjusted pretax profit £191m — key fiscal figures for traders.
This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources.