View ValuationCurrys 향후 성장Future 기준 점검 1/6Currys (는) 각각 연간 5.1% 및 2.6% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 6.9% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 5.9% 로 예상됩니다.핵심 정보5.1%이익 성장률6.94%EPS 성장률Specialty Retail 이익 성장13.8%매출 성장률2.6%향후 자기자본이익률5.94%애널리스트 커버리지Good마지막 업데이트20 May 2026최근 향후 성장 업데이트Major Estimate Revision • Sep 04Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from UK£0.115 to UK£0.10 per share. Revenue forecast steady at UK£8.85b. Net income forecast to grow 4.6% next year vs 53% growth forecast for Specialty Retail industry in the United Kingdom. Consensus price target broadly unchanged at UK£1.53. Share price rose 11% to UK£1.26 over the past week.공시 • Sep 04+ 2 more updatesCurrys plc Provides Group Revenue Guidance for 2025Currys plc provided group revenue guidance for 2025. For the year, the company expects Group Like-for-like revenue of +3%.Major Estimate Revision • May 27Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from UK£0.09 to UK£0.077 per share. Revenue forecast steady at UK£8.65b. Net income forecast to grow 81% next year vs 56% growth forecast for Specialty Retail industry in the United Kingdom. Consensus price target up from UK£1.42 to UK£1.46. Share price was steady at UK£1.26 over the past week.Major Estimate Revision • Apr 08Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from UK£0.075 to UK£0.084. Revenue forecast steady at UK£8.60b. Net income forecast to grow 89% next year vs 56% growth forecast for Specialty Retail industry in the United Kingdom. Consensus price target up from UK£1.20 to UK£1.31. Share price rose 11% to UK£0.97 over the past week.Price Target Changed • Apr 04Price target increased by 8.7% to UK£1.30Up from UK£1.20, the current price target is an average from 8 analysts. New target price is 30% above last closing price of UK£1.00. Stock is up 61% over the past year. The company is forecast to post earnings per share of UK£0.083 for next year compared to UK£0.024 last year.Major Estimate Revision • Jan 21Consensus EPS estimates increase by 14%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from UK£0.067 to UK£0.077. Revenue forecast steady at UK£8.58b. Net income forecast to grow 85% next year vs 25% growth forecast for Specialty Retail industry in the United Kingdom. Consensus price target broadly unchanged at UK£1.19. Share price rose 11% to UK£0.91 over the past week.모든 업데이트 보기Recent updatesBuy Or Sell Opportunity • May 20Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.1% to UK£1.43. The fair value is estimated to be UK£1.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.6% per annum. Earnings are also forecast to grow by 5.1% per annum over the same time period.Valuation Update With 7 Day Price Move • May 19Investor sentiment improves as stock rises 18%After last week's 18% share price gain to UK£1.46, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 11x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 169% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£1.70 per share.내러티브 업데이트 • May 03CURY: Leadership Transition And Higher P/E Will Support Future Share ReturnsCurrys' analyst price target remains at £1.78, as analysts factor in updated assumptions on discount rates, revenue growth, profit margins, and a modestly higher forward P/E multiple. What's in the News Currys announced that Group Chief Executive Alex Baldock plans to step down after eight years to take a new external role.Buy Or Sell Opportunity • Apr 20Now 21% undervaluedOver the last 90 days, the stock has risen 3.6% to UK£1.30. The fair value is estimated to be UK£1.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.7% per annum. Earnings are also forecast to grow by 5.5% per annum over the same time period.내러티브 업데이트 • Apr 18CURY: Higher P/E Assumptions Will Support Bullish Repricing OutlookAnalysts have raised their price target on Currys from £1.15 to £1.55, citing revised assumptions around revenue growth, profit margins, the discount rate and future P/E expectations. Analyst Commentary While the updated £1.55 price target reflects revised assumptions on growth and profitability, bearish analysts still flag several areas of concern that they believe could cap upside for Currys.내러티브 업데이트 • Apr 04CURY: Refreshed Discount Assumptions And Guidance Are Expected To Support Share UpsideAnalysts have lifted their price target on Currys by £0.10, with the change supported by refreshed assumptions on the discount rate, revenue growth, profit margin and future P/E expectations. Analyst Commentary Analysts raising the price target by £0.10 signals more confidence in how the refreshed assumptions compare with Currys' current share price.공시 • Mar 26Currys plc Announces Alex Baldock to Step Down as Group Chief ExecutiveThe Board of Currys plc announced that Alex Baldock has informed it of his intention to step down after eight years as Group Chief Executive, to take a new external position. The Board will commence a formal and thorough recruitment process for Alex's successor, considering both internal and external candidates, and will provide an update in due course. During this time, Alex will remain in role, continuing to drive business performance and ensuring a smooth and orderly transition, supported by his leadership team.내러티브 업데이트 • Mar 21CURY: Updated Discount Assumptions And Revenue Guidance Will Support Future Share UpsideThe analyst price target for Currys has been raised by £0.10. Analysts cite updated assumptions on the discount rate, revenue growth, profit margin, and future P/E as the main factors behind this change.내러티브 업데이트 • Mar 06CURY: Updated Discount Assumptions And Buybacks Will Support Future Share UpsideNarrative update Analysts have lifted their price target on Currys by £0.10, citing updated assumptions on discount rates, revenue growth, profit margins and future P/E ratios that support a modestly higher valuation framework. Analyst Commentary Bullish analysts are pointing to a slightly higher valuation framework for Currys after the price target was raised by £0.10, suggesting increased confidence in how the company can deliver against its current plan.공시 • Feb 25Currys plc to Report First Half, 2029 Results on Dec 14, 2028Currys plc announced that they will report first half, 2029 results on Dec 14, 2028내러티브 업데이트 • Feb 20CURY: Wireless Strength And Buybacks Will Support Higher Future Share ReturnsAnalysts have nudged their fair value estimate for Currys higher from about £1.76 to roughly £1.78, reflecting updated views on discount rates, revenue growth, profit margins and P/E assumptions in line with recent Street research, including the £0.10 price target increase cited by Deutsche Bank. Analyst Commentary Analysts describing the higher fair value and price target moves are largely reacting to updated assumptions on discount rates, revenue growth, profit margins and P/E, rather than a single headline event.분석 기사 • Feb 09The Returns At Currys (LON:CURY) Aren't GrowingIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...내러티브 업데이트 • Feb 06CURY: Recent Buybacks And Higher Earnings Assumptions Will Support Future UpsideAnalysts have nudged their price target for Currys higher, to £2.15 from £2.10, reflecting updated views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions supported by recent Street research, including a £0.10 target increase from Deutsche Bank. Analyst Commentary Bullish analysts are highlighting the recent uplift in the price target as a signal that updated assumptions on fair value, discount rate and future P/E are now better aligned with current expectations for the business.Valuation Update With 7 Day Price Move • Jan 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to UK£1.48, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 133% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£1.61 per share.분석 기사 • Jan 24Here's Why Currys (LON:CURY) Has Caught The Eye Of InvestorsFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...내러티브 업데이트 • Jan 23CURY: Wireless Strength And Buybacks Will Support Stronger Future Share PerformanceAnalysts have nudged their fair value estimate for Currys up from £1.65 to £1.76, citing updated assumptions around revenue growth, profit margins, discount rates and future P/E levels as the key drivers of the new target. What's in the News Currys issued guidance for the first half of 2026, targeting group like for like sales of +4% for the period (company guidance).공시 • Jan 21+ 1 more updateCurrys plc Declares an Interim Dividend, Payable on 28 January 2026Currys plc has declared an Interim dividend of 0.75 pence per ordinary share, the dividend will be paid on 28 January 2026 to shareholders registered at the close of business on 30 December 2025.내러티브 업데이트 • Jan 09CURY: Recent Share Buybacks Will Support Stronger Future Earnings Per ShareAnalysts have nudged their price target on Currys slightly higher to reflect small adjustments to revenue growth, profit margin, discount rate and future P/E assumptions, while keeping their fair value estimate broadly unchanged at £2.10. What's in the News Currys completed a share buyback program, repurchasing 33,108,484 shares for £46 million, representing 3.08% of the company.분석 기사 • Jan 08Currys plc's (LON:CURY) Earnings Are Not Doing Enough For Some InvestorsWith a price-to-earnings (or "P/E") ratio of 10.4x Currys plc ( LON:CURY ) may be sending bullish signals at the...내러티브 업데이트 • Dec 24CURY: Future Share Buybacks Will Drive Stronger Earnings Per Share PotentialNarrative Update on Currys Analysts have lifted their price target on Currys from £1.80 to £2.10 per share, citing slightly higher assumed revenue growth, improved profit margin expectations, and a richer future P E multiple despite a marginally higher discount rate. What's in the News Completed share buyback of 33.1 million shares, equivalent to 3.08% of issued share capital, for a total cost of £46 million under the programme announced on September 4, 2025 (company buyback update).공시 • Dec 21+ 1 more updateCurrys plc to Report Fiscal Year 2028 Results on Jun 29, 2028Currys plc announced that they will report fiscal year 2028 results on Jun 29, 2028Reported Earnings • Dec 19First half 2026 earnings released: EPS: UK£0.015 (vs UK£0.007 loss in 1H 2025)First half 2026 results: EPS: UK£0.015 (up from UK£0.007 loss in 1H 2025). Revenue: UK£4.23b (up 8.0% from 1H 2025). Net income: UK£16.0m (up UK£24.0m from 1H 2025). Profit margin: 0.4% (up from net loss in 1H 2025). The move to profitability was driven by higher revenue. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.내러티브 업데이트 • Dec 10CURY: Wireless Segment Will Drive Stronger Share Performance AheadAnalysts have nudged their price target on Currys slightly higher to reflect marginal improvements in long term revenue growth, profit margins and valuation multiples, while also incorporating a modestly higher risk profile in their updated discount rate. Valuation Changes The discount rate has risen slightly, moving from 10.64 percent to approximately 10.87 percent, reflecting a modest increase in perceived risk.Buy Or Sell Opportunity • Dec 01Now 21% undervaluedOver the last 90 days, the stock has risen 22% to UK£1.30. The fair value is estimated to be UK£1.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.0% over the last 3 years. Earnings per share has grown by 76%. For the next 3 years, revenue is forecast to grow by 2.3% per annum. Earnings are also forecast to grow by 6.4% per annum over the same time period.분석 기사 • Nov 30Calculating The Intrinsic Value Of Currys plc (LON:CURY)Key Insights Using the 2 Stage Free Cash Flow to Equity, Currys fair value estimate is UK£1.65 Currys' UK£1.32 share...내러티브 업데이트 • Nov 26CURY: Wireless Segment Will Strengthen Share Performance In The Coming YearAnalysts have raised their price target on Currys from £1.15 to £1.35, citing growing confidence in underappreciated growth drivers such as the iD mobile division. Analyst Commentary Bullish Takeaways Bullish analysts are raising Currys' price target, supported by increased confidence in its operational execution.내러티브 업데이트 • Nov 11CURY: Telecom Expansion Will Drive Shares Toward Stronger Performance AheadAnalysts have raised their price target for Currys to £1.35 from £1.15, citing enhanced growth prospects due to the strong performance of iD mobile. Analyst Commentary Bullish Takeaways Bullish analysts highlight the upgraded price target, citing sustained strong performance in iD mobile.분석 기사 • Nov 01Currys (LON:CURY) Has A Pretty Healthy Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...분석 기사 • Oct 02Currys plc (LON:CURY) Surges 29% Yet Its Low P/E Is No Reason For ExcitementCurrys plc ( LON:CURY ) shares have had a really impressive month, gaining 29% after a shaky period beforehand. The...분석 기사 • Sep 28What Is Currys plc's (LON:CURY) Share Price Doing?Currys plc ( LON:CURY ), might not be a large cap stock, but it received a lot of attention from a substantial price...공시 • Sep 20Currys plc Announces Board Committee ChangesCurrys plc announced changes to the responsibilities of Board members under UK Listing Rule 6.4.6. due to the closure of the Company's Environmental, Social and Governance ('ESG') Committee. The ESG Committee was established as a committee of the Board in 2023 and has since played a critical role in driving the establishment of the Company's ESG strategy and goals and the oversight of the embedding and delivery of this strategy across the Company's businesses. The Board has considered the progress made on the ESG strategy, and the upcoming reporting requirements for sustainability and has agreed that it is the right time to evolve the governance structure for ESG. An existing Group Sustainability Leadership Team ("GSLT") comprised of functional leaders within executive teams will manage the day-to-day oversight and delivery of ESG goals and the management of ESG risks and opportunities. The other responsibilities that have been held by the ESG Committee will now be shared between the Board and the Audit Committee as appropriate. The ESG Committee had been comprised of non-executive directors, Eileen Burbidge (Committee Chair), Magdalena Gerger and Octavia Morley. Eileen Burbidge stepped down from the Board at the conclusion of the Company's Annual General Meeting on 4 September 2025. Magdalena Gerger will now attend GSLT meetings to ensure continued independent oversight of ESG and to support the reporting of the GSLT activities to the Board. Octavia Morley will continue in her role as Senior Independent Director and Remuneration Committee Chair.내러티브 업데이트 • Sep 09Cost Discipline, Automation, And Shareholder Returns Will Improve Future Prospects In GB Specialty RetailThe modest increase in Currys' consensus price target to £1.54 reflects improved revenue growth expectations and a lower discount rate, supporting a slightly higher fair value. What's in the News The Board of Directors has authorized a buyback plan.Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improves as stock rises 17%After last week's 17% share price gain to UK£1.29, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 96% over the past three years.Major Estimate Revision • Sep 04Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from UK£0.115 to UK£0.10 per share. Revenue forecast steady at UK£8.85b. Net income forecast to grow 4.6% next year vs 53% growth forecast for Specialty Retail industry in the United Kingdom. Consensus price target broadly unchanged at UK£1.53. Share price rose 11% to UK£1.26 over the past week.공시 • Sep 04+ 2 more updatesCurrys plc Provides Group Revenue Guidance for 2025Currys plc provided group revenue guidance for 2025. For the year, the company expects Group Like-for-like revenue of +3%.분석 기사 • Sep 03With EPS Growth And More, Currys (LON:CURY) Makes An Interesting CaseIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Upcoming Dividend • Aug 21Upcoming dividend of UK£0.015 per shareEligible shareholders must have bought the stock before 28 August 2025. Payment date: 26 September 2025. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of British dividend payers (5.4%). Lower than average of industry peers (3.5%).Reported Earnings • Aug 03Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: UK£0.10 (up from UK£0.024 in FY 2024). Revenue: UK£8.71b (up 2.7% from FY 2024). Net income: UK£108.0m (up 300% from FY 2024). Profit margin: 1.2% (up from 0.3% in FY 2024). The increase in margin was driven by higher revenue. Like-for-like sales growth: 2.0% vs FY 2024 Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 21%. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions Derivative • Jul 30Key Executive exercised options and sold UK£773k worth of stockOn the 25th of July, Alex Baldock exercised options to acquire 671k shares at no cost and sold these for an average price of UK£1.15 per share. This trade did not impact their existing holding. For the year to April 2019, Alex's total compensation was 39% salary and 61% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2024, Alex's direct individual holding has increased from 3.27m shares to 4.02m. Company insiders have collectively sold UK£1.5m more than they bought, via options and on-market transactions in the last 12 months.분석 기사 • Jul 29Currys (LON:CURY) Might Have The Makings Of A Multi-BaggerIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...Reported Earnings • Jul 03Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: UK£0.10 (up from UK£0.024 in FY 2024). Revenue: UK£8.71b (up 2.7% from FY 2024). Net income: UK£108.0m (up 300% from FY 2024). Profit margin: 1.2% (up from 0.3% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 21%. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.공시 • Jul 03Currys plc Proposes Final Dividend for the Year Ended 3 May 2025, Payable on 26 September 2025Currys plc's Board has proposed a final dividend of 1.5 pence per ordinary share for the year ended 3 May 2025. The final dividend is subject to shareholder approval at the company's Annual General Meeting in September 2025. The ex-dividend date is 28 August 2025, with a record date of 29 August 2025 and an intended final dividend payment date of 26 September 2025.공시 • Jul 02+ 1 more updateCurrys plc, Annual General Meeting, Sep 04, 2025Currys plc, Annual General Meeting, Sep 04, 2025.Major Estimate Revision • May 27Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from UK£0.09 to UK£0.077 per share. Revenue forecast steady at UK£8.65b. Net income forecast to grow 81% next year vs 56% growth forecast for Specialty Retail industry in the United Kingdom. Consensus price target up from UK£1.42 to UK£1.46. Share price was steady at UK£1.26 over the past week.Major Estimate Revision • Apr 08Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from UK£0.075 to UK£0.084. Revenue forecast steady at UK£8.60b. Net income forecast to grow 89% next year vs 56% growth forecast for Specialty Retail industry in the United Kingdom. Consensus price target up from UK£1.20 to UK£1.31. Share price rose 11% to UK£0.97 over the past week.Price Target Changed • Apr 04Price target increased by 8.7% to UK£1.30Up from UK£1.20, the current price target is an average from 8 analysts. New target price is 30% above last closing price of UK£1.00. Stock is up 61% over the past year. The company is forecast to post earnings per share of UK£0.083 for next year compared to UK£0.024 last year.New Risk • Mar 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results.Buy Or Sell Opportunity • Mar 05Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to UK£0.89. The fair value is estimated to be UK£0.73, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.0% over the last 3 years. Earnings per share has grown by 35%. For the next 3 years, revenue is forecast to grow by 1.4% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.새로운 내러티브 • Feb 06Cost Discipline, Automation, And Shareholder Returns Will Improve Future Prospects In GB Specialty Retail Strategic investments and cost discipline could enhance future profitability, EBIT margins, and support earnings growth. Major Estimate Revision • Jan 21Consensus EPS estimates increase by 14%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from UK£0.067 to UK£0.077. Revenue forecast steady at UK£8.58b. Net income forecast to grow 85% next year vs 25% growth forecast for Specialty Retail industry in the United Kingdom. Consensus price target broadly unchanged at UK£1.19. Share price rose 11% to UK£0.91 over the past week.공시 • Jan 15Currys plc Intends to Declare Final DividendCurrys plc announced that reflecting strong cash flow performance and continued business momentum, the Board intends to declare a final dividend of around 1.3 pence per share alongside full year results in July.Buy Or Sell Opportunity • Jan 15Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 2.3% to UK£0.91. The fair value is estimated to be UK£0.74, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.0% over the last 3 years. Earnings per share has grown by 35%. For the next 3 years, revenue is forecast to grow by 1.3% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.Major Estimate Revision • Dec 19Consensus EPS estimates fall by 26%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from UK£0.072 to UK£0.053 per share. Revenue forecast steady at UK£8.56b. Net income forecast to grow 13% next year vs 17% growth forecast for Specialty Retail industry in the United Kingdom. Consensus price target up from UK£1.01 to UK£1.12. Share price was steady at UK£0.93 over the past week.Price Target Changed • Dec 17Price target increased by 9.8% to UK£1.11Up from UK£1.01, the current price target is an average from 7 analysts. New target price is 20% above last closing price of UK£0.93. Stock is up 88% over the past year. The company is forecast to post earnings per share of UK£0.053 for next year compared to UK£0.024 last year.Reported Earnings • Dec 13First half 2025 earnings released: UK£0.007 loss per share (vs UK£0.035 loss in 1H 2024)First half 2025 results: UK£0.007 loss per share (improved from UK£0.035 loss in 1H 2024). Revenue: UK£3.92b (down 5.8% from 1H 2024). Net loss: UK£8.00m (loss narrowed 80% from 1H 2024). Revenue is forecast to grow 1.0% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.공시 • Nov 07+ 1 more updateCurrys plc to Report Q2, 2027 Results on Dec 17, 2026Currys plc announced that they will report Q2, 2027 results on Dec 17, 2026공시 • Oct 24Currys plc to Report Q4, 2026 Results on Jul 02, 2026Currys plc announced that they will report Q4, 2026 results on Jul 02, 2026공시 • Oct 23Currys plc to Report Q2, 2026 Results on Dec 18, 2025Currys plc announced that they will report Q2, 2026 results on Dec 18, 2025Major Estimate Revision • Sep 10Consensus EPS estimates increase by 16%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from UK£0.056 to UK£0.065. Revenue forecast steady at UK£8.47b. Net income forecast to grow 130% next year vs 16% growth forecast for Specialty Retail industry in the United Kingdom. Consensus price target broadly unchanged at UK£0.97. Share price fell 2.2% to UK£0.77 over the past week.공시 • Sep 05Currys plc Announces Sales Guidance for 2024Currys plc announced Sales guidance for 2024. For the year, the company expects Group Like-for-like Sales of +2%.Recent Insider Transactions Derivative • Aug 04Key Executive exercised options and sold UK£209k worth of stockOn the 31st of July, Alex Baldock exercised options to acquire 259k shares at no cost and sold these for an average price of UK£0.81 per share. This trade did not impact their existing holding. For the year to April 2018, Alex's total compensation was 39% salary and 61% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2023, Alex has owned 2.98m shares directly. Company insiders have collectively sold UK£453k more than they bought, via options and on-market transactions in the last 12 months.Reported Earnings • Jul 28Full year 2024 earnings released: EPS: UK£0.024 (vs UK£0.45 loss in FY 2023)Full year 2024 results: EPS: UK£0.024 (up from UK£0.45 loss in FY 2023). Revenue: UK£8.48b (down 4.5% from FY 2023). Net income: UK£27.0m (up UK£519.0m from FY 2023). Profit margin: 0.3% (up from net loss in FY 2023). Revenue is forecast to grow 1.0% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.New Risk • Jun 28New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 53% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.Reported Earnings • Jun 28Full year 2024 earnings released: EPS: UK£0.024 (vs UK£0.44 loss in FY 2023)Full year 2024 results: EPS: UK£0.024 (up from UK£0.44 loss in FY 2023). Revenue: UK£8.48b (down 11% from FY 2023). Net income: UK£27.0m (up UK£508.0m from FY 2023). Profit margin: 0.3% (up from net loss in FY 2023). Like-for-like sales growth: Down 2.0% vs FY 2023 Revenue is forecast to stay flat during the next 3 years compared to a 4.7% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 19% per year.공시 • Jun 02Currys plc Announces Board and Committee ChangesCurrys plc announced the appointment of Steve Johnson as a Non-Executive Director and a member of the Company's Audit Committee with effect 1 June 2024. Steve Johnson has been CEO of N Brown Group Plc ('N Brown') since February 2019 and Interim Executive Chair since May 2024. He joined N Brown in February 2016, was appointed as CEO of the Finance Services Operating Board in November 2017 and then as Interim CEO in September 2018. Steve joined N Brown from Shop Direct Group Limited where he was Financial Services Marketing and Product Director. Prior to that, he held various senior executive roles at Sainsbury's and Halifax. The Company also announced that, as part of an orderly succession plan, Fiona McBain, Non-Executive Director and Audit Committee Chair, will step down as a director at the Company's Annual General Meeting on 5 September 2024. Adam Walker, Non-Executive Director and a member of the Audit Committee, will succeed Fiona as the Chair of the Audit Committee on 5 September 2024.Price Target Changed • May 21Price target increased by 8.3% to UK£0.87Up from UK£0.80, the current price target is an average from 9 analysts. New target price is 22% above last closing price of UK£0.71. Stock is up 29% over the past year. The company is forecast to post earnings per share of UK£0.038 next year compared to a net loss per share of UK£0.44 last year.Board Change • May 19High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Senior Independent Director Octavia Morley was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.공시 • Apr 26Currys plc to Report Fiscal Year 2024 Results on Jun 26, 2025Currys plc announced that they will report fiscal year 2024 results on Jun 26, 2025공시 • Apr 11Public Power Corporation S.A. (ATSE:PPC) completed the acquisition of DSGi South-East Europe A.E.V.E. from Currys plc (LSE:CURY).Public Power Corporation S.A. (ATSE:PPC) signed an agreement to acquire DSGi South-East Europe A.E.V.E. from Currys plc (LSE:CURY) for an enterprise value of €200 million on November 2, 2023. The consideration corresponds the value on a debt free, cash free basis and excluding IFRS 16 lease liabilities. Under the terms of consideration, the enterprise value of €200 million (£175 million), adjusted to include lease liabilities of €97 million (£85 million) as at 29 April 2023, implies a multiple of 6x adjusted EBITDA1 of €49 million (£43 million) and 14x adjusted EBIT[1]of €21 million (£18 million). Net cash proceeds of the disposal are expected to be approximately £156 million (€179 million) at completion, after taking into account transaction and separation costs, intercompany balances and cash in the business. The Consideration is payable in full and in cash on the date of Completion. Following the agreed terms, the Currys board of directors ("Board") believes the proposed Disposal has strong strategic rationale and represents an attractive outcome for the Company's shareholders ("Shareholders"). Following Completion, the Continuing Group intends to pursue its strategy of delivering value for all stakeholders centred around its four strategic priorities: (i) Capable & Committed Colleagues; (ii) Easy to Shop; (iii) Customers for Life; and (iv) Grow Profits. Management's objective remains to achieve at least a 3% adjusted EBIT margin with a solid balance sheet that enables healthy returns to shareholders. Following Completion, the Continuing Group will consist of the Company's UK and Ireland and Nordics business segments. Kotsovoloas has It has 95 stores, in Greece and Cyprus, of which 27 are megastores. PPC intends to finance the acquisition through own funds. The closing of the transaction is subject to certain conditions precedent, customary for these kinds of transactions, including the approval of shareholders at the General Meeting of Currys plc and obtaining a merger clearance approval from the European Commission or the Hellenic Competition Commission, obtaining a Foreign Subsidies Regulation clearance following a filing from the Purchaser before the European Commission or an ex officio investigation by the European Commission, obtaining third party consents to the Disposal from counterparties to certain contracts to which Kotsovolos is a party. The Disposal was unanimously agreed by the Board to be in the best interests of Shareholders. The transaction is expected to take place in the first quarter of 2024. The Board expects to update Shareholders on this strategic progress when it announces the Company's interim results in December 2023. In the short term, the Board intends to use the proceeds to reduce net debt and then at the appropriate time, following peak trading, enter discussions with pension trustees regarding the potential to reduce the pension fund's accounting net deficit and required future contributions. Reducing indebtedness may also provide, at the appropriate time, the Group with greater flexibility to invest to grow the business, after which Currys will also explore the potential to return any surplus capital to Shareholders. This will initially involve using proceeds to reduce net debt, and then at the appropriate time entering into discussions with the pension trustees regarding the funding for the pension scheme. As on March 5, 2024, Hellenic Competition Commission approved the deal. As on March 8, 2024, the transaction is expected to complete in first half of April. PricewaterhouseCoopers Business Solutions S.A. (PwC) is acting as financial advisor and Vizas - Katrinakis and Associates Law Firm as legal advisor to PPC in connection with the acquisition. Andrew Seaton and Robert Farrington of Citigroup Global Markets Limited ("Citi") is acting as sponsor and sole financial advisor to Currys on the Disposal. Natasha Good and Tom Godwin of Freshfields advised Currys. Public Power Corporation S.A. (ATSE:PPC) completed the acquisition of DSGi South-East Europe A.E.V.E. from Currys plc (LSE:CURY) for an enterprise value of €200 million on April 10, 2024. The cash proceeds received by Currys were €179 million (£156 million) after taking into account transaction and separation costs, intercompany balances and cash in the business. On completion, it is the Board's intention to use the net cash proceeds to reduce net debt and the Group expects to finish the year in a net cash position.공시 • Mar 13Elliott Advisors (UK) Limited's Statement of Intention Not to Make an Offer for Currys plcElliott Advisors (UK) Limited, acting on behalf of the funds it advises ("Elliott") confirmed that, following multiple attempts to engage with Currys plc (LSE:CURY)'s Board, all of which were rejected, it is not in an informed position to make an improved offer for Currys on the basis of the public information available to it. Elliott therefore confirms it does not intend to make an offer for Currys.공시 • Mar 07Currys plc Announces Directorate ChangeCurrys plc announced the appointment of Octavia Morley as a Non-Executive Director and a member of the Company's Remuneration, ESG and Nominations Committees with effect 1 April 2024. The Company also announced that Tony DeNunzio, Senior Independent Director will step down as a director on 25 April 2024 after more than eight years on the Board. Octavia will succeed Tony as the Senior Independent Director and Chair of the Remuneration Committee on 25 April 2024. Octavia is an experienced executive and non-executive board director. She has held various senior operational and strategic roles across all areas of retail at companies including Asda Stores Limited, Laura Ashley Holdings plc and Woolworths plc. Octavia was Chief Executive Officer, and then Chair, at LighterLife UK Limited. She was also Managing Director of Crew Clothing Co Limited and Chief Executive at OKA Direct Limited. Octavia is currently Chair of Banner Group Limited, a privately owned company. She is also Senior Independent Director and Remuneration Committee Chair of Crest Nicholson Holdings plc and of Marston's PLC and a Non-Executive Director at Ascensos Limited. She formerly held non-executive director roles at Card Factory plc and John Menzies PLC.공시 • Feb 20+ 2 more updatesElliott Advisors (UK) Limited made an offer to acquire Currys plc (LSE:CURY) for approximately £700 million.Elliott Advisors (UK) Limited made an offer to acquire Currys plc (LSE:CURY) for approximately £700 million on February 16, 2024. The Board of Currys confirms that it received an unsolicited, preliminary and conditional proposal from Elliott regarding a possible cash offer for the entire issued and to be issued share capital at £0.62 per share (the "Proposal"). Accordingly, on 16 February 2024, the Board of Currys unanimously rejected the Proposal. Citigroup Global Markets Limited acted as financial adviser to Currys. Elliott Advisors (UK) Limited cancelled the acquisition of Currys plc (LSE:CURY) on February 16, 2024.Price Target Changed • Feb 20Price target decreased by 12% to UK£0.66Down from UK£0.75, the current price target is an average from 8 analysts. New target price is approximately in line with last closing price of UK£0.64. Stock is down 19% over the past year. The company is forecast to post earnings per share of UK£0.025 next year compared to a net loss per share of UK£0.44 last year.공시 • Feb 19Elliott Response to Press SpeculationElliott Advisors (UK) Limited, acting on behalf of the funds it advises ("Elliott"), notes the recent press speculation regarding its intentions in relation to Currys plc (LSE:CURY) ("Currys"). Elliott confirms that it is considering a possible cash offer for Currys. There can be no certainty that an offer will be made for Currys nor as to the terms on which any offer might be made. A further announcement will be made as and when appropriate. In accordance with Rule 2.6(a) of the Code, Elliott must, by not later than 5.00 p.m. on 16 March 2024, being 28 days following the date of this announcement, either announce a firm intention to make an offer for Currys in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer for Currys, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline will only be extended with the consent of the Panel in accordance with Rule 2.6(c) of the Code.Price Target Changed • Dec 19Price target increased by 8.2% to UK£0.77Up from UK£0.71, the current price target is an average from 8 analysts. New target price is 57% above last closing price of UK£0.49. Stock is down 11% over the past year. The company is forecast to post earnings per share of UK£0.04 next year compared to a net loss per share of UK£0.44 last year.Reported Earnings • Dec 16First half 2024 earnings released: UK£0.035 loss per share (vs UK£0.51 loss in 1H 2023)First half 2024 results: UK£0.035 loss per share (improved from UK£0.51 loss in 1H 2023). Revenue: UK£4.16b (down 7.0% from 1H 2023). Net loss: UK£39.0m (loss narrowed 93% from 1H 2023). Revenue is forecast to stay flat during the next 3 years compared to a 5.5% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.공시 • Nov 05Public Power Corporation S.A. (ATSE:PPC) signed an agreement to acquire DSGi South-East Europe A.E.V.E. for an enterprise value of €200 million.Public Power Corporation S.A. (ATSE:PPC) signed an agreement to acquire DSGi South-East Europe A.E.V.E. for an enterprise value of €200 million on November 3, 2023. The consideration corresponds the value on a debt free, cash free basis and excluding IFRS 16 lease liabilities. Under the terms of consideration, the enterprise value of €200 million (£175 million), adjusted to include lease liabilities of €97 million (£85 million) as at 29 April 2023, implies a multiple of 6x adjusted EBITDA1 of €49 million (£43 million) and 14x adjusted EBIT[1]of €21 million (£18 million). Net cash proceeds of the disposal are expected to be approximately £156 million (€179 million) at completion, after taking into account transaction and separation costs, intercompany balances and cash in the business. The Consideration is payable in full and in cash on the date of Completion. Following the agreed terms, the Currys board of directors ("Board") believes the proposed Disposal has strong strategic rationale and represents an attractive outcome for the Company's shareholders ("Shareholders"). Following Completion, the Continuing Group intends to pursue its strategy of delivering value for all stakeholders centred around its four strategic priorities: (i) Capable & Committed Colleagues; (ii) Easy to Shop; (iii) Customers for Life; and (iv) Grow Profits. Management's objective remains to achieve at least a 3% adjusted EBIT margin with a solid balance sheet that enables healthy returns to shareholders. Following Completion, the Continuing Group will consist of the Company's UK and Ireland and Nordics business segments. Kotsovoloas has It has 95 stores, in Greece and Cyprus, of which 27 are megastores. PPC intends to finance the acquisition through own funds. The closing of the transaction is subject to certain conditions precedent, customary for these kinds of transactions, including the approval of shareholders at the General Meeting of Currys plc and obtaining a merger clearance approval from the European Commission or the Hellenic Competition Commission, obtaining a Foreign Subsidies Regulation clearance following a filing from the Purchaser before the European Commission or an ex officio investigation by the European Commission, obtaining third party consents to the Disposal from counterparties to certain contracts to which Kotsovolos is a party. The Disposal was unanimously agreed by the Board to be in the best interests of Shareholders. The transaction is expected to take place in the first quarter of 2024. The Board expects to update Shareholders on this strategic progress when it announces the Company's interim results in December 2023. In the short term, the Board intends to use the proceeds to reduce net debt and then at the appropriate time, following peak trading, enter discussions with pension trustees regarding the potential to reduce the pension fund's accounting net deficit and required future contributions. Reducing indebtedness may also provide, at the appropriate time, the Group with greater flexibility to invest to grow the business, after which Currys will also explore the potential to return any surplus capital to Shareholders. This will initially involve using proceeds to reduce net debt, and then at the appropriate time entering into discussions with the pension trustees regarding the funding for the pension scheme.PricewaterhouseCoopers Business Solutions S.A. (PwC) is acting as financial advisor and Vizas - Katrinakis and Associates Law Firm as legal advisor to PPC in connection with the acquisition. Andrew Seaton and Robert Farrington of Citigroup Global Markets Limited ("Citi") is acting as sponsor and sole financial advisor to Currys on the Disposal.Recent Insider Transactions • Sep 22Key Executive recently bought UK£98k worth of stockOn the 19th of September, Antonio DeNunzio bought around 200k shares on-market at roughly UK£0.49 per share. This transaction amounted to 71% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth UK£158k. This was Antonio's only on-market trade for the last 12 months.Recent Insider Transactions Derivative • Aug 24Key Executive exercised options and sold UK£247k worth of stockOn the 21st of August, Alex Baldock exercised options to acquire 508k shares at no cost and sold these for an average price of UK£0.49 per share. This trade did not impact their existing holding. For the year to April 2018, Alex's total compensation was 40% salary and 60% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2022, Alex's direct individual holding has increased from 1.74m shares to 2.11m. Company insiders have collectively sold UK£170k more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions • Aug 07Key Executive recently bought UK£158k worth of stockOn the 3rd of August, Alex Baldock bought around 304k shares on-market at roughly UK£0.52 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Alex's only on-market trade for the last 12 months.공시 • Jul 08Ian Dyson completed the acquisition of unknown minority stake in Currys plc (LSE:CURY) for GBP 7.1 million.Ian Dyson acquired unknown minority stake in Currys plc (LSE:CURY) for GBP 7.1 million on July 6, 2023. Ian Dyson completed the acquisition of unknown minority stake in Currys plc (LSE:CURY) for GBP 7.1 million on July 6, 2023.Reported Earnings • Jul 07Full year 2023 earnings released: UK£0.44 loss per share (vs UK£0.063 profit in FY 2022)Full year 2023 results: UK£0.44 loss per share (down from UK£0.063 profit in FY 2022). Revenue: UK£9.51b (down 6.2% from FY 2022). Net loss: UK£481.0m (down UK£552.0m from profit in FY 2022). Revenue is forecast to stay flat during the next 3 years compared to a 5.7% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.공시 • Jul 06Currys plc Omits Final Dividend for 2022-2023Currys plc announced that cognisant of the uncertain economic outlook, the Board has decided not to declare a final dividend for the 2022/2023 financial year.공시 • Jun 03Currys plc Announces the Appointment of Adam Walker as an Independent Non-Executive Director and A Member of the Audit and Remuneration Committees with Effect from 8 June 2023Currys plc announced the appointment of Adam Walker as an Independent Non-Executive Director and a member of the Audit and Remuneration Committees with effect from 8 June 2023. Adam is an experienced finance executive and non-executive board director. He is currently a non-executive director and the Chair of the Audit Committee of Tritium DCFC Limited (listed on Nasdaq). Prior to that, he was a non-executive director and the Chair of the Audit Committee of Kier Group plc. His former executive roles include Executive Vice President and Chief Financial Officer of IHS Holding Limited, Chief Financial Officer of GKN plc, Group Finance Director at Informa, and Finance Director at National Express Group Plc.분석 기사 • May 28Currys (LON:CURY) Will Be Looking To Turn Around Its ReturnsWhat financial metrics can indicate to us that a company is maturing or even in decline? More often than not, we'll see...Recent Insider Transactions Derivative • Apr 08Key Executive exercised options and sold UK£109k worth of stockOn the 4th of April, Alex Baldock exercised options to acquire 186k shares at no cost and sold these for an average price of UK£0.59 per share. This trade did not impact their existing holding. For the year to April 2018, Alex's total compensation was 34% salary and 66% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2022, Alex's direct individual holding has increased from 1.48m shares to 1.74m. Company insiders have collectively sold UK£280k more than they bought, via options and on-market transactions in the last 12 months.분석 기사 • Feb 24Here's Why Currys (LON:CURY) Has A Meaningful Debt BurdenDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...공시 • Feb 01+ 1 more updateCurrys plc, Annual General Meeting, Sep 05, 2024Currys plc, Annual General Meeting, Sep 05, 2024.분석 기사 • Jan 25Currys' (LON:CURY) Returns On Capital Not Reflecting Well On The BusinessWhen it comes to investing, there are some useful financial metrics that can warn us when a business is potentially in...Major Estimate Revision • Jan 20Consensus forecasts updatedThe consensus outlook for 2023 has been updated. Expected to report loss instead of -UK£0.33 instead of UK£0.01 per share profit previously forecast. . Revenue forecast unchanged at UK£9.46b Specialty Retail industry in the United Kingdom expected to see average net income decline 22% next year. Consensus price target broadly unchanged at UK£0.72. Share price rose 3.7% to UK£0.67 over the past week.Upcoming Dividend • Dec 22Upcoming dividend of UK£0.01 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 27 January 2023. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 7.6%. Within top quartile of British dividend payers (5.7%). Higher than average of industry peers (3.1%).이익 및 매출 성장 예측LSE:CURY - 애널리스트 향후 추정치 및 과거 재무 데이터 (GBP Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수4/30/202910,00814712954924/30/20289,77514713652784/30/20279,54213813852384/30/20269,27112689458811/1/20259,018132355441N/A8/1/20258,862120366447N/A5/3/20258,706108376453N/A2/3/20258,61682360424N/A10/26/20248,52656344395N/A7/26/20248,50142331381N/A4/27/20248,47627318366N/A10/28/20238,26931272338N/A7/28/20238,572-230220304N/A4/29/20238,874-492167270N/A1/29/20239,672-50694218N/A10/29/20229,832-53128166N/A7/29/20229,988-230162297N/A4/30/202210,14471295428N/A10/30/202110,27025367482N/A7/30/202110,30713545663N/A5/1/202110,344N/A722844N/A10/31/202010,316-74842993N/A7/31/202010,243-117617788N/A5/2/202010,170-161392583N/A2/2/202010,212-41321507N/A10/26/201910,25379N/A430N/A7/26/201910,343-116N/A358N/A4/27/201910,433-311N/A286N/A1/27/201910,494-293N/A264N/A10/27/201810,555-276N/A241N/A7/27/201810,543-20N/A277N/A4/28/201810,531236N/A312N/A1/28/201810,464248N/A363N/A10/28/201710,396259N/A413N/A7/28/201710,322283N/A388N/A4/29/201710,247307N/A363N/A1/29/201710,156266N/A378N/A10/29/201610,064224N/A393N/A7/29/20169,901202N/A395N/A4/30/20169,738179N/A396N/A10/31/20158,979197N/A320N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: CURY 의 연간 예상 수익 증가율(5.1%)이 saving rate(3.4%)보다 높습니다.수익 vs 시장: CURY 의 연간 수익(5.1%)이 UK 시장(11.4%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: CURY 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: CURY 의 수익(연간 2.6%)이 UK 시장(연간 4.5%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: CURY 의 수익(연간 2.6%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: CURY의 자본 수익률은 3년 후 5.9%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YRetail 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 02:11종가2026/05/21 00:00수익2025/11/01연간 수익2025/05/03데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Currys plc는 22명의 분석가가 다루고 있습니다. 이 중 8명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Karen HowlandBarclaysNicolas ChampBarclaysAdam TomlinsonBerenberg19명의 분석가 더 보기
Major Estimate Revision • Sep 04Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from UK£0.115 to UK£0.10 per share. Revenue forecast steady at UK£8.85b. Net income forecast to grow 4.6% next year vs 53% growth forecast for Specialty Retail industry in the United Kingdom. Consensus price target broadly unchanged at UK£1.53. Share price rose 11% to UK£1.26 over the past week.
공시 • Sep 04+ 2 more updatesCurrys plc Provides Group Revenue Guidance for 2025Currys plc provided group revenue guidance for 2025. For the year, the company expects Group Like-for-like revenue of +3%.
Major Estimate Revision • May 27Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from UK£0.09 to UK£0.077 per share. Revenue forecast steady at UK£8.65b. Net income forecast to grow 81% next year vs 56% growth forecast for Specialty Retail industry in the United Kingdom. Consensus price target up from UK£1.42 to UK£1.46. Share price was steady at UK£1.26 over the past week.
Major Estimate Revision • Apr 08Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from UK£0.075 to UK£0.084. Revenue forecast steady at UK£8.60b. Net income forecast to grow 89% next year vs 56% growth forecast for Specialty Retail industry in the United Kingdom. Consensus price target up from UK£1.20 to UK£1.31. Share price rose 11% to UK£0.97 over the past week.
Price Target Changed • Apr 04Price target increased by 8.7% to UK£1.30Up from UK£1.20, the current price target is an average from 8 analysts. New target price is 30% above last closing price of UK£1.00. Stock is up 61% over the past year. The company is forecast to post earnings per share of UK£0.083 for next year compared to UK£0.024 last year.
Major Estimate Revision • Jan 21Consensus EPS estimates increase by 14%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from UK£0.067 to UK£0.077. Revenue forecast steady at UK£8.58b. Net income forecast to grow 85% next year vs 25% growth forecast for Specialty Retail industry in the United Kingdom. Consensus price target broadly unchanged at UK£1.19. Share price rose 11% to UK£0.91 over the past week.
Buy Or Sell Opportunity • May 20Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.1% to UK£1.43. The fair value is estimated to be UK£1.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.6% per annum. Earnings are also forecast to grow by 5.1% per annum over the same time period.
Valuation Update With 7 Day Price Move • May 19Investor sentiment improves as stock rises 18%After last week's 18% share price gain to UK£1.46, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 11x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 169% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£1.70 per share.
내러티브 업데이트 • May 03CURY: Leadership Transition And Higher P/E Will Support Future Share ReturnsCurrys' analyst price target remains at £1.78, as analysts factor in updated assumptions on discount rates, revenue growth, profit margins, and a modestly higher forward P/E multiple. What's in the News Currys announced that Group Chief Executive Alex Baldock plans to step down after eight years to take a new external role.
Buy Or Sell Opportunity • Apr 20Now 21% undervaluedOver the last 90 days, the stock has risen 3.6% to UK£1.30. The fair value is estimated to be UK£1.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.7% per annum. Earnings are also forecast to grow by 5.5% per annum over the same time period.
내러티브 업데이트 • Apr 18CURY: Higher P/E Assumptions Will Support Bullish Repricing OutlookAnalysts have raised their price target on Currys from £1.15 to £1.55, citing revised assumptions around revenue growth, profit margins, the discount rate and future P/E expectations. Analyst Commentary While the updated £1.55 price target reflects revised assumptions on growth and profitability, bearish analysts still flag several areas of concern that they believe could cap upside for Currys.
내러티브 업데이트 • Apr 04CURY: Refreshed Discount Assumptions And Guidance Are Expected To Support Share UpsideAnalysts have lifted their price target on Currys by £0.10, with the change supported by refreshed assumptions on the discount rate, revenue growth, profit margin and future P/E expectations. Analyst Commentary Analysts raising the price target by £0.10 signals more confidence in how the refreshed assumptions compare with Currys' current share price.
공시 • Mar 26Currys plc Announces Alex Baldock to Step Down as Group Chief ExecutiveThe Board of Currys plc announced that Alex Baldock has informed it of his intention to step down after eight years as Group Chief Executive, to take a new external position. The Board will commence a formal and thorough recruitment process for Alex's successor, considering both internal and external candidates, and will provide an update in due course. During this time, Alex will remain in role, continuing to drive business performance and ensuring a smooth and orderly transition, supported by his leadership team.
내러티브 업데이트 • Mar 21CURY: Updated Discount Assumptions And Revenue Guidance Will Support Future Share UpsideThe analyst price target for Currys has been raised by £0.10. Analysts cite updated assumptions on the discount rate, revenue growth, profit margin, and future P/E as the main factors behind this change.
내러티브 업데이트 • Mar 06CURY: Updated Discount Assumptions And Buybacks Will Support Future Share UpsideNarrative update Analysts have lifted their price target on Currys by £0.10, citing updated assumptions on discount rates, revenue growth, profit margins and future P/E ratios that support a modestly higher valuation framework. Analyst Commentary Bullish analysts are pointing to a slightly higher valuation framework for Currys after the price target was raised by £0.10, suggesting increased confidence in how the company can deliver against its current plan.
공시 • Feb 25Currys plc to Report First Half, 2029 Results on Dec 14, 2028Currys plc announced that they will report first half, 2029 results on Dec 14, 2028
내러티브 업데이트 • Feb 20CURY: Wireless Strength And Buybacks Will Support Higher Future Share ReturnsAnalysts have nudged their fair value estimate for Currys higher from about £1.76 to roughly £1.78, reflecting updated views on discount rates, revenue growth, profit margins and P/E assumptions in line with recent Street research, including the £0.10 price target increase cited by Deutsche Bank. Analyst Commentary Analysts describing the higher fair value and price target moves are largely reacting to updated assumptions on discount rates, revenue growth, profit margins and P/E, rather than a single headline event.
분석 기사 • Feb 09The Returns At Currys (LON:CURY) Aren't GrowingIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
내러티브 업데이트 • Feb 06CURY: Recent Buybacks And Higher Earnings Assumptions Will Support Future UpsideAnalysts have nudged their price target for Currys higher, to £2.15 from £2.10, reflecting updated views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions supported by recent Street research, including a £0.10 target increase from Deutsche Bank. Analyst Commentary Bullish analysts are highlighting the recent uplift in the price target as a signal that updated assumptions on fair value, discount rate and future P/E are now better aligned with current expectations for the business.
Valuation Update With 7 Day Price Move • Jan 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to UK£1.48, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 133% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£1.61 per share.
분석 기사 • Jan 24Here's Why Currys (LON:CURY) Has Caught The Eye Of InvestorsFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
내러티브 업데이트 • Jan 23CURY: Wireless Strength And Buybacks Will Support Stronger Future Share PerformanceAnalysts have nudged their fair value estimate for Currys up from £1.65 to £1.76, citing updated assumptions around revenue growth, profit margins, discount rates and future P/E levels as the key drivers of the new target. What's in the News Currys issued guidance for the first half of 2026, targeting group like for like sales of +4% for the period (company guidance).
공시 • Jan 21+ 1 more updateCurrys plc Declares an Interim Dividend, Payable on 28 January 2026Currys plc has declared an Interim dividend of 0.75 pence per ordinary share, the dividend will be paid on 28 January 2026 to shareholders registered at the close of business on 30 December 2025.
내러티브 업데이트 • Jan 09CURY: Recent Share Buybacks Will Support Stronger Future Earnings Per ShareAnalysts have nudged their price target on Currys slightly higher to reflect small adjustments to revenue growth, profit margin, discount rate and future P/E assumptions, while keeping their fair value estimate broadly unchanged at £2.10. What's in the News Currys completed a share buyback program, repurchasing 33,108,484 shares for £46 million, representing 3.08% of the company.
분석 기사 • Jan 08Currys plc's (LON:CURY) Earnings Are Not Doing Enough For Some InvestorsWith a price-to-earnings (or "P/E") ratio of 10.4x Currys plc ( LON:CURY ) may be sending bullish signals at the...
내러티브 업데이트 • Dec 24CURY: Future Share Buybacks Will Drive Stronger Earnings Per Share PotentialNarrative Update on Currys Analysts have lifted their price target on Currys from £1.80 to £2.10 per share, citing slightly higher assumed revenue growth, improved profit margin expectations, and a richer future P E multiple despite a marginally higher discount rate. What's in the News Completed share buyback of 33.1 million shares, equivalent to 3.08% of issued share capital, for a total cost of £46 million under the programme announced on September 4, 2025 (company buyback update).
공시 • Dec 21+ 1 more updateCurrys plc to Report Fiscal Year 2028 Results on Jun 29, 2028Currys plc announced that they will report fiscal year 2028 results on Jun 29, 2028
Reported Earnings • Dec 19First half 2026 earnings released: EPS: UK£0.015 (vs UK£0.007 loss in 1H 2025)First half 2026 results: EPS: UK£0.015 (up from UK£0.007 loss in 1H 2025). Revenue: UK£4.23b (up 8.0% from 1H 2025). Net income: UK£16.0m (up UK£24.0m from 1H 2025). Profit margin: 0.4% (up from net loss in 1H 2025). The move to profitability was driven by higher revenue. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.
내러티브 업데이트 • Dec 10CURY: Wireless Segment Will Drive Stronger Share Performance AheadAnalysts have nudged their price target on Currys slightly higher to reflect marginal improvements in long term revenue growth, profit margins and valuation multiples, while also incorporating a modestly higher risk profile in their updated discount rate. Valuation Changes The discount rate has risen slightly, moving from 10.64 percent to approximately 10.87 percent, reflecting a modest increase in perceived risk.
Buy Or Sell Opportunity • Dec 01Now 21% undervaluedOver the last 90 days, the stock has risen 22% to UK£1.30. The fair value is estimated to be UK£1.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.0% over the last 3 years. Earnings per share has grown by 76%. For the next 3 years, revenue is forecast to grow by 2.3% per annum. Earnings are also forecast to grow by 6.4% per annum over the same time period.
분석 기사 • Nov 30Calculating The Intrinsic Value Of Currys plc (LON:CURY)Key Insights Using the 2 Stage Free Cash Flow to Equity, Currys fair value estimate is UK£1.65 Currys' UK£1.32 share...
내러티브 업데이트 • Nov 26CURY: Wireless Segment Will Strengthen Share Performance In The Coming YearAnalysts have raised their price target on Currys from £1.15 to £1.35, citing growing confidence in underappreciated growth drivers such as the iD mobile division. Analyst Commentary Bullish Takeaways Bullish analysts are raising Currys' price target, supported by increased confidence in its operational execution.
내러티브 업데이트 • Nov 11CURY: Telecom Expansion Will Drive Shares Toward Stronger Performance AheadAnalysts have raised their price target for Currys to £1.35 from £1.15, citing enhanced growth prospects due to the strong performance of iD mobile. Analyst Commentary Bullish Takeaways Bullish analysts highlight the upgraded price target, citing sustained strong performance in iD mobile.
분석 기사 • Nov 01Currys (LON:CURY) Has A Pretty Healthy Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
분석 기사 • Oct 02Currys plc (LON:CURY) Surges 29% Yet Its Low P/E Is No Reason For ExcitementCurrys plc ( LON:CURY ) shares have had a really impressive month, gaining 29% after a shaky period beforehand. The...
분석 기사 • Sep 28What Is Currys plc's (LON:CURY) Share Price Doing?Currys plc ( LON:CURY ), might not be a large cap stock, but it received a lot of attention from a substantial price...
공시 • Sep 20Currys plc Announces Board Committee ChangesCurrys plc announced changes to the responsibilities of Board members under UK Listing Rule 6.4.6. due to the closure of the Company's Environmental, Social and Governance ('ESG') Committee. The ESG Committee was established as a committee of the Board in 2023 and has since played a critical role in driving the establishment of the Company's ESG strategy and goals and the oversight of the embedding and delivery of this strategy across the Company's businesses. The Board has considered the progress made on the ESG strategy, and the upcoming reporting requirements for sustainability and has agreed that it is the right time to evolve the governance structure for ESG. An existing Group Sustainability Leadership Team ("GSLT") comprised of functional leaders within executive teams will manage the day-to-day oversight and delivery of ESG goals and the management of ESG risks and opportunities. The other responsibilities that have been held by the ESG Committee will now be shared between the Board and the Audit Committee as appropriate. The ESG Committee had been comprised of non-executive directors, Eileen Burbidge (Committee Chair), Magdalena Gerger and Octavia Morley. Eileen Burbidge stepped down from the Board at the conclusion of the Company's Annual General Meeting on 4 September 2025. Magdalena Gerger will now attend GSLT meetings to ensure continued independent oversight of ESG and to support the reporting of the GSLT activities to the Board. Octavia Morley will continue in her role as Senior Independent Director and Remuneration Committee Chair.
내러티브 업데이트 • Sep 09Cost Discipline, Automation, And Shareholder Returns Will Improve Future Prospects In GB Specialty RetailThe modest increase in Currys' consensus price target to £1.54 reflects improved revenue growth expectations and a lower discount rate, supporting a slightly higher fair value. What's in the News The Board of Directors has authorized a buyback plan.
Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improves as stock rises 17%After last week's 17% share price gain to UK£1.29, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 96% over the past three years.
Major Estimate Revision • Sep 04Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from UK£0.115 to UK£0.10 per share. Revenue forecast steady at UK£8.85b. Net income forecast to grow 4.6% next year vs 53% growth forecast for Specialty Retail industry in the United Kingdom. Consensus price target broadly unchanged at UK£1.53. Share price rose 11% to UK£1.26 over the past week.
공시 • Sep 04+ 2 more updatesCurrys plc Provides Group Revenue Guidance for 2025Currys plc provided group revenue guidance for 2025. For the year, the company expects Group Like-for-like revenue of +3%.
분석 기사 • Sep 03With EPS Growth And More, Currys (LON:CURY) Makes An Interesting CaseIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Upcoming Dividend • Aug 21Upcoming dividend of UK£0.015 per shareEligible shareholders must have bought the stock before 28 August 2025. Payment date: 26 September 2025. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of British dividend payers (5.4%). Lower than average of industry peers (3.5%).
Reported Earnings • Aug 03Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: UK£0.10 (up from UK£0.024 in FY 2024). Revenue: UK£8.71b (up 2.7% from FY 2024). Net income: UK£108.0m (up 300% from FY 2024). Profit margin: 1.2% (up from 0.3% in FY 2024). The increase in margin was driven by higher revenue. Like-for-like sales growth: 2.0% vs FY 2024 Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 21%. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions Derivative • Jul 30Key Executive exercised options and sold UK£773k worth of stockOn the 25th of July, Alex Baldock exercised options to acquire 671k shares at no cost and sold these for an average price of UK£1.15 per share. This trade did not impact their existing holding. For the year to April 2019, Alex's total compensation was 39% salary and 61% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2024, Alex's direct individual holding has increased from 3.27m shares to 4.02m. Company insiders have collectively sold UK£1.5m more than they bought, via options and on-market transactions in the last 12 months.
분석 기사 • Jul 29Currys (LON:CURY) Might Have The Makings Of A Multi-BaggerIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
Reported Earnings • Jul 03Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: UK£0.10 (up from UK£0.024 in FY 2024). Revenue: UK£8.71b (up 2.7% from FY 2024). Net income: UK£108.0m (up 300% from FY 2024). Profit margin: 1.2% (up from 0.3% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 21%. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
공시 • Jul 03Currys plc Proposes Final Dividend for the Year Ended 3 May 2025, Payable on 26 September 2025Currys plc's Board has proposed a final dividend of 1.5 pence per ordinary share for the year ended 3 May 2025. The final dividend is subject to shareholder approval at the company's Annual General Meeting in September 2025. The ex-dividend date is 28 August 2025, with a record date of 29 August 2025 and an intended final dividend payment date of 26 September 2025.
공시 • Jul 02+ 1 more updateCurrys plc, Annual General Meeting, Sep 04, 2025Currys plc, Annual General Meeting, Sep 04, 2025.
Major Estimate Revision • May 27Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from UK£0.09 to UK£0.077 per share. Revenue forecast steady at UK£8.65b. Net income forecast to grow 81% next year vs 56% growth forecast for Specialty Retail industry in the United Kingdom. Consensus price target up from UK£1.42 to UK£1.46. Share price was steady at UK£1.26 over the past week.
Major Estimate Revision • Apr 08Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from UK£0.075 to UK£0.084. Revenue forecast steady at UK£8.60b. Net income forecast to grow 89% next year vs 56% growth forecast for Specialty Retail industry in the United Kingdom. Consensus price target up from UK£1.20 to UK£1.31. Share price rose 11% to UK£0.97 over the past week.
Price Target Changed • Apr 04Price target increased by 8.7% to UK£1.30Up from UK£1.20, the current price target is an average from 8 analysts. New target price is 30% above last closing price of UK£1.00. Stock is up 61% over the past year. The company is forecast to post earnings per share of UK£0.083 for next year compared to UK£0.024 last year.
New Risk • Mar 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results.
Buy Or Sell Opportunity • Mar 05Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to UK£0.89. The fair value is estimated to be UK£0.73, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.0% over the last 3 years. Earnings per share has grown by 35%. For the next 3 years, revenue is forecast to grow by 1.4% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.
새로운 내러티브 • Feb 06Cost Discipline, Automation, And Shareholder Returns Will Improve Future Prospects In GB Specialty Retail Strategic investments and cost discipline could enhance future profitability, EBIT margins, and support earnings growth.
Major Estimate Revision • Jan 21Consensus EPS estimates increase by 14%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from UK£0.067 to UK£0.077. Revenue forecast steady at UK£8.58b. Net income forecast to grow 85% next year vs 25% growth forecast for Specialty Retail industry in the United Kingdom. Consensus price target broadly unchanged at UK£1.19. Share price rose 11% to UK£0.91 over the past week.
공시 • Jan 15Currys plc Intends to Declare Final DividendCurrys plc announced that reflecting strong cash flow performance and continued business momentum, the Board intends to declare a final dividend of around 1.3 pence per share alongside full year results in July.
Buy Or Sell Opportunity • Jan 15Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 2.3% to UK£0.91. The fair value is estimated to be UK£0.74, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.0% over the last 3 years. Earnings per share has grown by 35%. For the next 3 years, revenue is forecast to grow by 1.3% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.
Major Estimate Revision • Dec 19Consensus EPS estimates fall by 26%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from UK£0.072 to UK£0.053 per share. Revenue forecast steady at UK£8.56b. Net income forecast to grow 13% next year vs 17% growth forecast for Specialty Retail industry in the United Kingdom. Consensus price target up from UK£1.01 to UK£1.12. Share price was steady at UK£0.93 over the past week.
Price Target Changed • Dec 17Price target increased by 9.8% to UK£1.11Up from UK£1.01, the current price target is an average from 7 analysts. New target price is 20% above last closing price of UK£0.93. Stock is up 88% over the past year. The company is forecast to post earnings per share of UK£0.053 for next year compared to UK£0.024 last year.
Reported Earnings • Dec 13First half 2025 earnings released: UK£0.007 loss per share (vs UK£0.035 loss in 1H 2024)First half 2025 results: UK£0.007 loss per share (improved from UK£0.035 loss in 1H 2024). Revenue: UK£3.92b (down 5.8% from 1H 2024). Net loss: UK£8.00m (loss narrowed 80% from 1H 2024). Revenue is forecast to grow 1.0% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
공시 • Nov 07+ 1 more updateCurrys plc to Report Q2, 2027 Results on Dec 17, 2026Currys plc announced that they will report Q2, 2027 results on Dec 17, 2026
공시 • Oct 24Currys plc to Report Q4, 2026 Results on Jul 02, 2026Currys plc announced that they will report Q4, 2026 results on Jul 02, 2026
공시 • Oct 23Currys plc to Report Q2, 2026 Results on Dec 18, 2025Currys plc announced that they will report Q2, 2026 results on Dec 18, 2025
Major Estimate Revision • Sep 10Consensus EPS estimates increase by 16%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from UK£0.056 to UK£0.065. Revenue forecast steady at UK£8.47b. Net income forecast to grow 130% next year vs 16% growth forecast for Specialty Retail industry in the United Kingdom. Consensus price target broadly unchanged at UK£0.97. Share price fell 2.2% to UK£0.77 over the past week.
공시 • Sep 05Currys plc Announces Sales Guidance for 2024Currys plc announced Sales guidance for 2024. For the year, the company expects Group Like-for-like Sales of +2%.
Recent Insider Transactions Derivative • Aug 04Key Executive exercised options and sold UK£209k worth of stockOn the 31st of July, Alex Baldock exercised options to acquire 259k shares at no cost and sold these for an average price of UK£0.81 per share. This trade did not impact their existing holding. For the year to April 2018, Alex's total compensation was 39% salary and 61% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2023, Alex has owned 2.98m shares directly. Company insiders have collectively sold UK£453k more than they bought, via options and on-market transactions in the last 12 months.
Reported Earnings • Jul 28Full year 2024 earnings released: EPS: UK£0.024 (vs UK£0.45 loss in FY 2023)Full year 2024 results: EPS: UK£0.024 (up from UK£0.45 loss in FY 2023). Revenue: UK£8.48b (down 4.5% from FY 2023). Net income: UK£27.0m (up UK£519.0m from FY 2023). Profit margin: 0.3% (up from net loss in FY 2023). Revenue is forecast to grow 1.0% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
New Risk • Jun 28New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 53% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.
Reported Earnings • Jun 28Full year 2024 earnings released: EPS: UK£0.024 (vs UK£0.44 loss in FY 2023)Full year 2024 results: EPS: UK£0.024 (up from UK£0.44 loss in FY 2023). Revenue: UK£8.48b (down 11% from FY 2023). Net income: UK£27.0m (up UK£508.0m from FY 2023). Profit margin: 0.3% (up from net loss in FY 2023). Like-for-like sales growth: Down 2.0% vs FY 2023 Revenue is forecast to stay flat during the next 3 years compared to a 4.7% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 19% per year.
공시 • Jun 02Currys plc Announces Board and Committee ChangesCurrys plc announced the appointment of Steve Johnson as a Non-Executive Director and a member of the Company's Audit Committee with effect 1 June 2024. Steve Johnson has been CEO of N Brown Group Plc ('N Brown') since February 2019 and Interim Executive Chair since May 2024. He joined N Brown in February 2016, was appointed as CEO of the Finance Services Operating Board in November 2017 and then as Interim CEO in September 2018. Steve joined N Brown from Shop Direct Group Limited where he was Financial Services Marketing and Product Director. Prior to that, he held various senior executive roles at Sainsbury's and Halifax. The Company also announced that, as part of an orderly succession plan, Fiona McBain, Non-Executive Director and Audit Committee Chair, will step down as a director at the Company's Annual General Meeting on 5 September 2024. Adam Walker, Non-Executive Director and a member of the Audit Committee, will succeed Fiona as the Chair of the Audit Committee on 5 September 2024.
Price Target Changed • May 21Price target increased by 8.3% to UK£0.87Up from UK£0.80, the current price target is an average from 9 analysts. New target price is 22% above last closing price of UK£0.71. Stock is up 29% over the past year. The company is forecast to post earnings per share of UK£0.038 next year compared to a net loss per share of UK£0.44 last year.
Board Change • May 19High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Senior Independent Director Octavia Morley was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
공시 • Apr 26Currys plc to Report Fiscal Year 2024 Results on Jun 26, 2025Currys plc announced that they will report fiscal year 2024 results on Jun 26, 2025
공시 • Apr 11Public Power Corporation S.A. (ATSE:PPC) completed the acquisition of DSGi South-East Europe A.E.V.E. from Currys plc (LSE:CURY).Public Power Corporation S.A. (ATSE:PPC) signed an agreement to acquire DSGi South-East Europe A.E.V.E. from Currys plc (LSE:CURY) for an enterprise value of €200 million on November 2, 2023. The consideration corresponds the value on a debt free, cash free basis and excluding IFRS 16 lease liabilities. Under the terms of consideration, the enterprise value of €200 million (£175 million), adjusted to include lease liabilities of €97 million (£85 million) as at 29 April 2023, implies a multiple of 6x adjusted EBITDA1 of €49 million (£43 million) and 14x adjusted EBIT[1]of €21 million (£18 million). Net cash proceeds of the disposal are expected to be approximately £156 million (€179 million) at completion, after taking into account transaction and separation costs, intercompany balances and cash in the business. The Consideration is payable in full and in cash on the date of Completion. Following the agreed terms, the Currys board of directors ("Board") believes the proposed Disposal has strong strategic rationale and represents an attractive outcome for the Company's shareholders ("Shareholders"). Following Completion, the Continuing Group intends to pursue its strategy of delivering value for all stakeholders centred around its four strategic priorities: (i) Capable & Committed Colleagues; (ii) Easy to Shop; (iii) Customers for Life; and (iv) Grow Profits. Management's objective remains to achieve at least a 3% adjusted EBIT margin with a solid balance sheet that enables healthy returns to shareholders. Following Completion, the Continuing Group will consist of the Company's UK and Ireland and Nordics business segments. Kotsovoloas has It has 95 stores, in Greece and Cyprus, of which 27 are megastores. PPC intends to finance the acquisition through own funds. The closing of the transaction is subject to certain conditions precedent, customary for these kinds of transactions, including the approval of shareholders at the General Meeting of Currys plc and obtaining a merger clearance approval from the European Commission or the Hellenic Competition Commission, obtaining a Foreign Subsidies Regulation clearance following a filing from the Purchaser before the European Commission or an ex officio investigation by the European Commission, obtaining third party consents to the Disposal from counterparties to certain contracts to which Kotsovolos is a party. The Disposal was unanimously agreed by the Board to be in the best interests of Shareholders. The transaction is expected to take place in the first quarter of 2024. The Board expects to update Shareholders on this strategic progress when it announces the Company's interim results in December 2023. In the short term, the Board intends to use the proceeds to reduce net debt and then at the appropriate time, following peak trading, enter discussions with pension trustees regarding the potential to reduce the pension fund's accounting net deficit and required future contributions. Reducing indebtedness may also provide, at the appropriate time, the Group with greater flexibility to invest to grow the business, after which Currys will also explore the potential to return any surplus capital to Shareholders. This will initially involve using proceeds to reduce net debt, and then at the appropriate time entering into discussions with the pension trustees regarding the funding for the pension scheme. As on March 5, 2024, Hellenic Competition Commission approved the deal. As on March 8, 2024, the transaction is expected to complete in first half of April. PricewaterhouseCoopers Business Solutions S.A. (PwC) is acting as financial advisor and Vizas - Katrinakis and Associates Law Firm as legal advisor to PPC in connection with the acquisition. Andrew Seaton and Robert Farrington of Citigroup Global Markets Limited ("Citi") is acting as sponsor and sole financial advisor to Currys on the Disposal. Natasha Good and Tom Godwin of Freshfields advised Currys. Public Power Corporation S.A. (ATSE:PPC) completed the acquisition of DSGi South-East Europe A.E.V.E. from Currys plc (LSE:CURY) for an enterprise value of €200 million on April 10, 2024. The cash proceeds received by Currys were €179 million (£156 million) after taking into account transaction and separation costs, intercompany balances and cash in the business. On completion, it is the Board's intention to use the net cash proceeds to reduce net debt and the Group expects to finish the year in a net cash position.
공시 • Mar 13Elliott Advisors (UK) Limited's Statement of Intention Not to Make an Offer for Currys plcElliott Advisors (UK) Limited, acting on behalf of the funds it advises ("Elliott") confirmed that, following multiple attempts to engage with Currys plc (LSE:CURY)'s Board, all of which were rejected, it is not in an informed position to make an improved offer for Currys on the basis of the public information available to it. Elliott therefore confirms it does not intend to make an offer for Currys.
공시 • Mar 07Currys plc Announces Directorate ChangeCurrys plc announced the appointment of Octavia Morley as a Non-Executive Director and a member of the Company's Remuneration, ESG and Nominations Committees with effect 1 April 2024. The Company also announced that Tony DeNunzio, Senior Independent Director will step down as a director on 25 April 2024 after more than eight years on the Board. Octavia will succeed Tony as the Senior Independent Director and Chair of the Remuneration Committee on 25 April 2024. Octavia is an experienced executive and non-executive board director. She has held various senior operational and strategic roles across all areas of retail at companies including Asda Stores Limited, Laura Ashley Holdings plc and Woolworths plc. Octavia was Chief Executive Officer, and then Chair, at LighterLife UK Limited. She was also Managing Director of Crew Clothing Co Limited and Chief Executive at OKA Direct Limited. Octavia is currently Chair of Banner Group Limited, a privately owned company. She is also Senior Independent Director and Remuneration Committee Chair of Crest Nicholson Holdings plc and of Marston's PLC and a Non-Executive Director at Ascensos Limited. She formerly held non-executive director roles at Card Factory plc and John Menzies PLC.
공시 • Feb 20+ 2 more updatesElliott Advisors (UK) Limited made an offer to acquire Currys plc (LSE:CURY) for approximately £700 million.Elliott Advisors (UK) Limited made an offer to acquire Currys plc (LSE:CURY) for approximately £700 million on February 16, 2024. The Board of Currys confirms that it received an unsolicited, preliminary and conditional proposal from Elliott regarding a possible cash offer for the entire issued and to be issued share capital at £0.62 per share (the "Proposal"). Accordingly, on 16 February 2024, the Board of Currys unanimously rejected the Proposal. Citigroup Global Markets Limited acted as financial adviser to Currys. Elliott Advisors (UK) Limited cancelled the acquisition of Currys plc (LSE:CURY) on February 16, 2024.
Price Target Changed • Feb 20Price target decreased by 12% to UK£0.66Down from UK£0.75, the current price target is an average from 8 analysts. New target price is approximately in line with last closing price of UK£0.64. Stock is down 19% over the past year. The company is forecast to post earnings per share of UK£0.025 next year compared to a net loss per share of UK£0.44 last year.
공시 • Feb 19Elliott Response to Press SpeculationElliott Advisors (UK) Limited, acting on behalf of the funds it advises ("Elliott"), notes the recent press speculation regarding its intentions in relation to Currys plc (LSE:CURY) ("Currys"). Elliott confirms that it is considering a possible cash offer for Currys. There can be no certainty that an offer will be made for Currys nor as to the terms on which any offer might be made. A further announcement will be made as and when appropriate. In accordance with Rule 2.6(a) of the Code, Elliott must, by not later than 5.00 p.m. on 16 March 2024, being 28 days following the date of this announcement, either announce a firm intention to make an offer for Currys in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer for Currys, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline will only be extended with the consent of the Panel in accordance with Rule 2.6(c) of the Code.
Price Target Changed • Dec 19Price target increased by 8.2% to UK£0.77Up from UK£0.71, the current price target is an average from 8 analysts. New target price is 57% above last closing price of UK£0.49. Stock is down 11% over the past year. The company is forecast to post earnings per share of UK£0.04 next year compared to a net loss per share of UK£0.44 last year.
Reported Earnings • Dec 16First half 2024 earnings released: UK£0.035 loss per share (vs UK£0.51 loss in 1H 2023)First half 2024 results: UK£0.035 loss per share (improved from UK£0.51 loss in 1H 2023). Revenue: UK£4.16b (down 7.0% from 1H 2023). Net loss: UK£39.0m (loss narrowed 93% from 1H 2023). Revenue is forecast to stay flat during the next 3 years compared to a 5.5% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.
공시 • Nov 05Public Power Corporation S.A. (ATSE:PPC) signed an agreement to acquire DSGi South-East Europe A.E.V.E. for an enterprise value of €200 million.Public Power Corporation S.A. (ATSE:PPC) signed an agreement to acquire DSGi South-East Europe A.E.V.E. for an enterprise value of €200 million on November 3, 2023. The consideration corresponds the value on a debt free, cash free basis and excluding IFRS 16 lease liabilities. Under the terms of consideration, the enterprise value of €200 million (£175 million), adjusted to include lease liabilities of €97 million (£85 million) as at 29 April 2023, implies a multiple of 6x adjusted EBITDA1 of €49 million (£43 million) and 14x adjusted EBIT[1]of €21 million (£18 million). Net cash proceeds of the disposal are expected to be approximately £156 million (€179 million) at completion, after taking into account transaction and separation costs, intercompany balances and cash in the business. The Consideration is payable in full and in cash on the date of Completion. Following the agreed terms, the Currys board of directors ("Board") believes the proposed Disposal has strong strategic rationale and represents an attractive outcome for the Company's shareholders ("Shareholders"). Following Completion, the Continuing Group intends to pursue its strategy of delivering value for all stakeholders centred around its four strategic priorities: (i) Capable & Committed Colleagues; (ii) Easy to Shop; (iii) Customers for Life; and (iv) Grow Profits. Management's objective remains to achieve at least a 3% adjusted EBIT margin with a solid balance sheet that enables healthy returns to shareholders. Following Completion, the Continuing Group will consist of the Company's UK and Ireland and Nordics business segments. Kotsovoloas has It has 95 stores, in Greece and Cyprus, of which 27 are megastores. PPC intends to finance the acquisition through own funds. The closing of the transaction is subject to certain conditions precedent, customary for these kinds of transactions, including the approval of shareholders at the General Meeting of Currys plc and obtaining a merger clearance approval from the European Commission or the Hellenic Competition Commission, obtaining a Foreign Subsidies Regulation clearance following a filing from the Purchaser before the European Commission or an ex officio investigation by the European Commission, obtaining third party consents to the Disposal from counterparties to certain contracts to which Kotsovolos is a party. The Disposal was unanimously agreed by the Board to be in the best interests of Shareholders. The transaction is expected to take place in the first quarter of 2024. The Board expects to update Shareholders on this strategic progress when it announces the Company's interim results in December 2023. In the short term, the Board intends to use the proceeds to reduce net debt and then at the appropriate time, following peak trading, enter discussions with pension trustees regarding the potential to reduce the pension fund's accounting net deficit and required future contributions. Reducing indebtedness may also provide, at the appropriate time, the Group with greater flexibility to invest to grow the business, after which Currys will also explore the potential to return any surplus capital to Shareholders. This will initially involve using proceeds to reduce net debt, and then at the appropriate time entering into discussions with the pension trustees regarding the funding for the pension scheme.PricewaterhouseCoopers Business Solutions S.A. (PwC) is acting as financial advisor and Vizas - Katrinakis and Associates Law Firm as legal advisor to PPC in connection with the acquisition. Andrew Seaton and Robert Farrington of Citigroup Global Markets Limited ("Citi") is acting as sponsor and sole financial advisor to Currys on the Disposal.
Recent Insider Transactions • Sep 22Key Executive recently bought UK£98k worth of stockOn the 19th of September, Antonio DeNunzio bought around 200k shares on-market at roughly UK£0.49 per share. This transaction amounted to 71% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth UK£158k. This was Antonio's only on-market trade for the last 12 months.
Recent Insider Transactions Derivative • Aug 24Key Executive exercised options and sold UK£247k worth of stockOn the 21st of August, Alex Baldock exercised options to acquire 508k shares at no cost and sold these for an average price of UK£0.49 per share. This trade did not impact their existing holding. For the year to April 2018, Alex's total compensation was 40% salary and 60% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2022, Alex's direct individual holding has increased from 1.74m shares to 2.11m. Company insiders have collectively sold UK£170k more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions • Aug 07Key Executive recently bought UK£158k worth of stockOn the 3rd of August, Alex Baldock bought around 304k shares on-market at roughly UK£0.52 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Alex's only on-market trade for the last 12 months.
공시 • Jul 08Ian Dyson completed the acquisition of unknown minority stake in Currys plc (LSE:CURY) for GBP 7.1 million.Ian Dyson acquired unknown minority stake in Currys plc (LSE:CURY) for GBP 7.1 million on July 6, 2023. Ian Dyson completed the acquisition of unknown minority stake in Currys plc (LSE:CURY) for GBP 7.1 million on July 6, 2023.
Reported Earnings • Jul 07Full year 2023 earnings released: UK£0.44 loss per share (vs UK£0.063 profit in FY 2022)Full year 2023 results: UK£0.44 loss per share (down from UK£0.063 profit in FY 2022). Revenue: UK£9.51b (down 6.2% from FY 2022). Net loss: UK£481.0m (down UK£552.0m from profit in FY 2022). Revenue is forecast to stay flat during the next 3 years compared to a 5.7% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
공시 • Jul 06Currys plc Omits Final Dividend for 2022-2023Currys plc announced that cognisant of the uncertain economic outlook, the Board has decided not to declare a final dividend for the 2022/2023 financial year.
공시 • Jun 03Currys plc Announces the Appointment of Adam Walker as an Independent Non-Executive Director and A Member of the Audit and Remuneration Committees with Effect from 8 June 2023Currys plc announced the appointment of Adam Walker as an Independent Non-Executive Director and a member of the Audit and Remuneration Committees with effect from 8 June 2023. Adam is an experienced finance executive and non-executive board director. He is currently a non-executive director and the Chair of the Audit Committee of Tritium DCFC Limited (listed on Nasdaq). Prior to that, he was a non-executive director and the Chair of the Audit Committee of Kier Group plc. His former executive roles include Executive Vice President and Chief Financial Officer of IHS Holding Limited, Chief Financial Officer of GKN plc, Group Finance Director at Informa, and Finance Director at National Express Group Plc.
분석 기사 • May 28Currys (LON:CURY) Will Be Looking To Turn Around Its ReturnsWhat financial metrics can indicate to us that a company is maturing or even in decline? More often than not, we'll see...
Recent Insider Transactions Derivative • Apr 08Key Executive exercised options and sold UK£109k worth of stockOn the 4th of April, Alex Baldock exercised options to acquire 186k shares at no cost and sold these for an average price of UK£0.59 per share. This trade did not impact their existing holding. For the year to April 2018, Alex's total compensation was 34% salary and 66% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2022, Alex's direct individual holding has increased from 1.48m shares to 1.74m. Company insiders have collectively sold UK£280k more than they bought, via options and on-market transactions in the last 12 months.
분석 기사 • Feb 24Here's Why Currys (LON:CURY) Has A Meaningful Debt BurdenDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
공시 • Feb 01+ 1 more updateCurrys plc, Annual General Meeting, Sep 05, 2024Currys plc, Annual General Meeting, Sep 05, 2024.
분석 기사 • Jan 25Currys' (LON:CURY) Returns On Capital Not Reflecting Well On The BusinessWhen it comes to investing, there are some useful financial metrics that can warn us when a business is potentially in...
Major Estimate Revision • Jan 20Consensus forecasts updatedThe consensus outlook for 2023 has been updated. Expected to report loss instead of -UK£0.33 instead of UK£0.01 per share profit previously forecast. . Revenue forecast unchanged at UK£9.46b Specialty Retail industry in the United Kingdom expected to see average net income decline 22% next year. Consensus price target broadly unchanged at UK£0.72. Share price rose 3.7% to UK£0.67 over the past week.
Upcoming Dividend • Dec 22Upcoming dividend of UK£0.01 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 27 January 2023. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 7.6%. Within top quartile of British dividend payers (5.7%). Higher than average of industry peers (3.1%).
