Feeds

Dixons smiles on camcorder sales

Laptops popular too

  • alert
  • submit to reddit

Boost IT visibility and business value

Consumer demand for laptop PCs, digital cameras and camcorders helped electrical retailer Dixons report a prosperous Christmas and a happy New Year, according to figures released this morning.

Retail sales for Christmas period were up almost 20 per cent - a threefold improvement on the same period last year.

The increased sales helped to swell group turnover by 27 per cent to £2.2 billion for the 28 weeks ended 11 November - up four per cent on the previous year.

Underlying operating profit (before exceptional items)beat analyst expectations nudging just above £93 million, compared to £77.8 million for the same period last year.

Dixons claims the 20 per cent increase reflects a strong performance from its new international businesses.

Underlying profit before tax (before exceptional items) touched £90.8 million, down from £92.5 million for previous year.

All figures exclude Freeserve losses.

Commenting on the sale of Britain's biggest ISP to French outfit Wanadoo, Sir Stanley Kalms, Dixons' chairman, said it would enable the group to "concentrate our resources on exploiting the many technology driven opportunities in our retail markets".

Dixons share price rose 8p to 256.25p in earely morning trading. ®

The Power of One Brief: Top reasons to choose HP BladeSystem

More from The Register

next story
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Bose says today is F*** With Dre Day: Beats sued in patent battle
Music gear giant seeks some of that sweet, sweet Apple pie
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Securing Web Applications Made Simple and Scalable
Learn how automated security testing can provide a simple and scalable way to protect your web applications.