CURRYS PLC - Investor Presentation

Currys is converting a strengthened balance sheet and diversified growth (ID Mobile, B2B, services) into rising margins and shareholder returns.

• Growth and trading update: UK&I like-for-like sales grew 6% and Nordics 9% for the four months to end-August, partly boosted by hot summer/World Cup.
• Margin targets: Currys targets EBIT margins of at least 3% (UK stuck near 2.9% due to government cost headwinds; Nordics historically above 3.5% pre-COVID, rebuilding from a 'perfect storm').

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