Overview

• Like-for-like revenue in the UK and Ireland rose 3% in the 17 weeks to August 30, led by gaming, AI computing and large appliances, with strong demand for cooling and coffee machines.
• Nordics revenue edged up about 2% as the regional recovery gathered pace, helped by new ranges such as robotic lawnmowers and vacuums.
• iD Mobile subscribers increased about 22% year on year to 2.3 million, with management saying the business is on track to beat its 2.5 million target this year.
• Customer credit usage climbed to 23.3% of purchases, reflecting greater take-up of buy-now-pay-later plans that support higher-ticket sales.
• Currys announced a £50m share buyback alongside a £25m dividend and said its pension deficit has fallen to £134m, while noting recent website disruption and a share price pullback since July.