Feeds

Dixons: We had a good summer, though southern Europe was a drag

Unleashes corrective action for Europe's bottom bit and web shop PIXmania

Security for virtualized datacentres

Dixons Retail says a "busy summer of events" helped maintain momentum in its UK and Irish operations as sales climbed 7 per cent, but it's not yet ready to crack open the bubbly.

Revenue growth at group level for fiscal Q1 ended 21 July was less marked: up 5 per cent, as a 13 per cent climb in northern Europe and the sales rise closer to home was countered by a 10 per cent slide in southern Europe and a 3 per cent dip in PIXmania.

Gross margins were pretty much flat.

The firm has been through a series of restructures under previous boss John Browett including redundancies, store closures and reformatting and a revamp of customer services.

Dixons revealed today it is "taking appropriate action in continued difficult economic environments", specifically Italy and Greece. The firm last year closed PC City in Spain.

The retailer also recently acquired the remaining shareholding for PIXmania from the two founders to push through changes to that loss-making entity in a bid to return it to profit.

Sebastian James, chief exec at Dixons, said the group had a "real boost from a busy summer of events in the UK".

But he tempered the positive tones, "August has proved to be quieter across the retail sector in some of our markets and we continue to be cautious about the outlook".

The Back2School sales cycle and the launch of Windows 8 – which should result in a bunch of new PCs and devices – will provide a much-needed tonic for the remainder of the year, James added. ®

Security for virtualized datacentres

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Israeli spies rebel over mass-snooping on innocent Palestinians
'Disciplinary treatment will be sharp and clear' vow spy-chiefs
Apple CEO Tim Cook: TV is TERRIBLE and stuck in the 1970s
The iKing thinks telly is far too fiddly and ugly – basically, iTunes
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Show us your Five-Eyes SECRETS says Privacy International
Refusal to disclose GCHQ canteen menus and prices triggers Euro Human Rights Court action
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.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
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?
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.