Feeds

DSG results hit by sunshine

Dixons blames sunny April for poor sales

Top 5 reasons to deploy VMware with Tegile

Dixons Store Group (DSG) said sales were hit by the unseasonally sunny weather in April and problems in France and Italy.

For the year ended 28 April 2007, Dixons Store Group saw total sales grow 14 per cent or four per cent like for like.

John Clare, group chief executive of DSG, said he was pleased with progress during a year of change for the company.

DSG will take a charge of between £180m and £200m to get rid of its businesses in France and Italy and to dispose of its UK mobile business Genesis Communications.

Other international business did well - sales in Ireland grew eight per cent, Nordic business by nine per cent, and Greek sales by seven per cent. Warm weather in April hit sales in the UK and Nordic regions.

Currys saw sales grow four per cent and margins improve by 0.6 per cent year on year thanks to benefits of a new group buying strategy. Airport sales were down eight per cent on last year thanks to new security measures.

In the UK, PC World grew sales by four per cent on last year. Laptop sales grew by 58 per cent in terms of numbers and 31 per cent in terms of revenue, but this growth had a negative impact on margins.

Online sales grew strongly - from three per cent last year to 10 per cent of total turnover.

More on the DSG website here. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Oi, Tim Cook. Apple Watch. I DARE you to tell me, IN PERSON, that it's secure
State attorney demands Apple CEO bows the knee to him
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Will BlackBerry make a comeback with its SQUARE smartphones?
Plus PC PIMs from company formerly known as RIM
Apple's iPhone 6 first-day sales are MEANINGLESS, mutters analyst
Big weekend queues only represent fruity firm's supply
Hey, Mac fanbois. HGST wants you drooling over its HUGE desktop RACK
What vast digital media repository could possibly need 64 TERABYTES?
Soundbites: News in brief from the Wi-Fi audiophile files
DTS and Sonos sing out but not off the same hymnsheet
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.