Currys cuts profit outlook again on Nordic woes
Electronics retail chain Currys has trimmed its profit guidance for the second time in just over three months, as trading woes in Scandinavia continue to affect the group. It has hired a new chief executive of the Nordics business as it ramps up overhaul efforts for the division, where it admitted the performance remains “very challenging”. Currys said the Nordics’ troubles were offsetting “strengthening” trading in the UK and Ireland and would leave profits sharply lower. It said underlying pre-taxRead More