Currys Sees Surge in AI Tech and Big TV Sales
Retailer reports profits and increased demand for AI-powered devices and large-screen TVs amid economic challenges.
- Currys highlights AI-enabled phones and computers as major growth drivers.
- Sales of 85-inch and larger TVs have significantly increased, boosted by Euro 2024.
- The company achieved a pre-tax profit of £28 million, recovering from a £462 million loss.
- Demand for domestic appliances has weakened, while credit purchases have risen.
- Currys is leveraging AI to enhance customer service and operational efficiency.