stockbunny
- 08 Sep 2005 09:35
This seems a bit odd - can anyone shed light on this?
Dixons have no trades showing on DXNS has the epic changed or something?
Cheers for any input
:>)
skinny
- 05 Jul 2011 16:42
- 25 of 241
RNS Number : 8157J
Dixons Retail PLC
05 July 2011
5 July 2011
DIXONS RETAIL PLC
DIRECTOR DEALING
Dixons Retail plc voluntarily announces that it has been notified by the Chairman, John Allan, that he purchased the following on 4 July 2011:
49,000 Dixons Group plc 6.125% 2012 Guaranteed Bonds at a nominal value of 98.25p; and
54,000 Dsg International plc 8.75% 2015 Guaranteed Notes at a nominal value of 87.95p.
Following the above purchase, the nominal value of John Allan's holdings is:
GBP527,143 Dixons Retail 6.125% 2012 Guaranteed Bonds; and
GBP549,493 DSG International plc 8.75% 2015 Guaranteed Notes
John Allan also holds 671,428 Ordinary Shares of 2.5 pence each in the capital of the Company.
- Ends -
For further information:
Helen Grantham Company Secretary & General Counsel 01727 203533
David Lloyd-Seed Group Communications Director 01727 205 065
This information is provided by RNS
The company news service from the London Stock Exchange
END
skinny
- 25 Jul 2011 07:37
- 26 of 241
RNS Number : 9401K
Dixons Retail PLC
25 July 2011
25 July 2011
Dixons Retail plc Harrods
Concession agreement signed
Dixons Retail plc, one of Europe's largest specialist electrical retailing and services companies, and Harrods, the UK's leading luxury department store operator, announces that Dixons Retail is to operate the consumer electronics section of Harrods' flagship store in London.
Under this concession agreement, Dixons Retail will sell a wide range of leading edge consumer electronic equipment, including computing, audio and vision products together with related accessories and KNOWHOW services. The 11,000 sq. ft. store will open to customers in early 2012 in its new space on the 3(rd) Floor. It will be at the forefront of store design and will be fully staffed by Dixons Retail colleagues.
Sebastian James, operations director for Dixons Retail plc comments, "We are delighted that Harrods has recognised our market leadership and the compelling offer our team and our new service brand KNOWHOW can give customers. We look forward to working closely with Harrods and to providing its customers with the very best in terms of both product range and service."
David Miller, Director of Home, Furniture and Sound & Vision for Harrods, comments, "At Harrods we are completely client-centric and are constantly seeking new and innovative ways to meet our customers demands. In a move that underlines our commitment to this, we have carefully selected a partner that boasts the best ranges and a trusted operation to ensure that the latest consumer technology is always at our customers' fingertips."
2517GEORGE
- 23 Nov 2011 11:40
- 27 of 241
FWIW I have bought some DXNS today for <10p per share, news tomorrow so fingers crossed.
2517
dreamcatcher
- 24 Nov 2011 18:13
- 28 of 241
Dixons pins hopes on Dr Dre Beats headphones as losses worsen
{ Harry Wallop, 17:32, Thursday 24 November 2011
Losses at Dixons Retail (Other OTC: DSITF.PK - news) have increased as the dire economic situation in Greece and the high street slowdown in Britain hit the business.
However, it said it was confident consumers would pull out the stops to buy the latest gadgets, such as coffee machines and expensive headphones, this Christmas.
The company, which trades in Britain as Currys and PC World, as well as in Italy, Greece and Scandinavia, reported an underlying loss of 25.3m, compared with last year's 6.9m loss for the half. However, the City had been expecting a 30m loss.
John Browett, chief executive, said: "These numbers show that what we are doing works for customers and suppliers. It's a very tough environment out there, but we've made progress," he said.
He said sales of Beats by Dr Dre headphones, which can cost up to 350 and are named after the rapper, were up by 40pc in many of its stores, while coffee machines had increased by 11pc. However, sales of cheap cameras, sat navs and televisions, especially TVs (Taiwan OTC: 8264.TWO - news) priced below 400, were poor.
"There is no doubt if you are on average wages and you are supporting a family, with the price of food and the price of petrol, life is tough. But consumers are prepared to make big sacrifices to buy technology because it helps them live their lives."
Half-year sales inched up 1pc to 3.29bn, with a pre-tax profit of 2.4m against last year's loss of 11.4m. However, this was nearly all down to an exceptional gain of 37m following a sale and leaseback of a warehouse. Some small gain in UK profit margins (due to discounting less stock) was offset by terrible conditions in Greece, where the company has been forced to close a few stores and cut staff.
The shares rose 7pc to 10.02p.
2517GEORGE
- 08 Dec 2011 12:53
- 29 of 241
Sold DXNS for a modest profit. Good luck to those still holding.
2517
skinny
- 17 Jan 2012 08:01
- 30 of 241
RNS Number : 6564V
Dixons Retail PLC
17 January 2012
Tuesday, 17 January 2012
DIXONS RETAIL PLC
Solid performance in tough markets
Dixons Retail plc, one of Europe's leading specialist electrical retailing and services companies, is today updating the market on trading for the 12 weeks ended 7th January 2012.
-- Total underlying Group sales down 3% in sterling and like for like sales down 5%.
-- Strong growth in multichannel sales with 19% of Group sales generated online.
-- UK & Ireland trading ahead of competitors:
-- Strong period ahead of Christmas;
-- Sale period after Christmas was distorted by VAT rise last year. Like for like sales in the 2 weeks from 1st to 14th January were up 2% and up 23% in the period from 4th to 14th January;
-- Strong sales of in store services under KNOWHOW.
-- Nordic operations continue to consolidate share gains with less gross margin investment.
-- Operations in Italy and Greece impacted by weak economic environments.
-- Gross margins across the Group were flat year on year.
-- Stock turn increasing with stock levels down 7% year on year.
12 Weeks ended 7 January 2012
Underlying Sales Total growth Total growth Like for
(Sterling) (Local like growth
Currency)
---------------------- --------------- --------------- ---------------
UK & Ireland (6)% (6)% (7)%
Northern Europe
Nordics & Central
Europe +8% +7% +3%
Southern Europe
Italy, Greece,
Turkey (12)% (9)% (10)%
PIXmania (8)% (7)% (7)%
Total Group (3)% (3)% (5)%
---------------------- --------------- --------------- ---------------
John Browett, Group Chief Executive, commented:
"This is a solid performance against a challenging backdrop. Our service-led business model continues to win over customers in all our key markets. We have made significant progress with KNOWHOW and see further opportunities to develop our services offering. Our multi-channel offer is going from strength to strength with customers appreciating the benefits of our Reserve & Collect model.
Consumer confidence in many of our markets remains fragile and we will maintain a cautious approach to the outlook for the year ahead. We have set our business accordingly and will continue with our self-help strategy to improve the offer for customers. Our Renewal and Transformation plan is continuing to make the business better, easier and cheaper to run and delivering an unbeatable combination of Value, Choice and Service for customers."
- Ends -
skinny
- 18 Jan 2012 09:58
- 32 of 241
In auction +6.5% - a recovery play?
skinny
- 19 Jan 2012 09:35
- 33 of 241
Strong again today.
skinny
- 31 Jan 2012 07:27
- 34 of 241
Board Announcement.
Board changes
Dixons Retail plc, one of Europe's leading specialist electrical retailing and services companies, announces the following Board changes:
John Browett will be leaving the company to take up the role of Senior Vice President of Retail at Apple, based in California, USA. John will step down from the Group Board on 20 February 2012 and will leave the company on 20 April 2012, following a handover period.
Sebastian James will be appointed Group Chief Executive and will join the Group Board on 20 February 2012. Sebastian joined Dixons Retail in April 2008 and is currently Group Operations Director. He has played a leading role in delivering the Renewal & Transformation of the UK & Ireland business. Sebastian has worked very closely with John and as Transformation Director, was responsible for the development and implementation of the new store formats and propositions across the UK & Ireland business, which have been a cornerstone in improving the shopping trip for customers and of the Currys and PC World turnaround. In addition he was the architect of the improvements to the delivery, repair and services infrastructure as well as of the significant reduction in the costs of these operations. Prior to joining Dixons Retail he held a number of CEO roles for private-equity backed ventures. Early in his career he was Strategy Director at Mothercare plc and worked for Boston Consulting Group.
Katie Bickerstaffe has been appointed to the new role of Chief Executive - UK & Ireland, and will also join the Group Board on 20 February 2012. With Sebastian, Katie has delivered the turnaround of the UK & Ireland business, with particular responsibility for the launch of KNOWHOW, the store portfolio strategy, marketing, customer relationship management and Human Resources functions. More recently she has also been responsible for the e-commerce operations in the UK & Ireland. Prior to joining Dixons Retail in June 2008 she was Managing Director of Kwik Save and Group Retail Director and Group HR Director of Somerfield plc.
The Group continues to trade in line with the trends as reported in its peak trading statement issued on 17 January 2012.
skinny
- 07 Feb 2012 13:31
- 35 of 241
RNS Number : 9365W
Dixons Retail PLC
07 February 2012
FOR IMMEDIATE RELEASE Tuesday, 7 February 2012
DIXONS RETAIL PLC
Response to announcement from OFT
Dixons Retail plc ("Dixons" or "the Company"), one of Europe's leading specialist electrical retailing and services companies, welcomes today's announcement from the Office of Fair Trading ("OFT") regarding extended warranties. The report from the OFT recognises the improvements in the market since the Competition Commission reported in 2003 and in particular that customers are getting better value for money with decreased prices and quality improvements in terms of service and level of cover. The OFT believes that the undertakings announced today will resolve any remaining competition concerns.
Dixons Retail supports any initiative that provides customers with greater choice and helps them understand the features, benefits and value of the services we are able to provide to them. Dixons has worked closely with the OFT throughout the course of its market study, and will continue to do so in the development of a price comparison website allowing consumers to compare the cost of these agreements and other similar products.
Our Customer Support Agreements are designed with customers' convenience in mind. Last year we relaunched our services under the KNOWHOW brand having made significant improvements to the services offered to customers, which include many features over and above a standard extended warranty. Further improvements to our customer service offer are continuously being made.
The proposals being recommended by the OFT will enable customers to make more informed choices about how they obtain help and support. Our KNOWHOW teams in store, online and on the phone look forward to helping customers make the most of the products they purchase.
- Ends -
skinny
- 10 May 2012 07:17
- 37 of 241
Interim Mangement Statement.
DIXONS RETAIL PLC
FULL YEAR TRADING STATEMENT
SALES AHEAD OF EXPECTATIONS WITH A STRONG END TO THE YEAR
Dixons Retail plc, Europe's leading specialist electrical retailer and services company, today announces trading for the 16, 28 and 52 weeks ended 28 April 2012.
· Group underlying total sales were flat and like for like sales were down 3% in the full year.
· Encouraging end to the year with Group like for like sales up 5% in the final quarter.
· Good performances in UK & Ireland and Northern Europe, trading ahead of their markets, and ending the year strongly with like for likes up 8% and 10% respectively in the final quarter.
· Italian and Greek business impacted by continued difficult economic environments.
· PIXmania's financial performance particularly impacted this year by supply issues following natural disasters, consumer declines in core markets and transition to a new operating model.
· Continued strong growth in multi-channel:
· Multi-channel sales up 30% in the second half and up 16% in the full year.
· Internet sales now represent 18% of Group sales.
· Group gross margins down 0.3% in the full year.
· Gross margins flat in the UK in the full year, in line with strategy.
· Northern Europe gross margins down 0.5% in the full year but recovering to flat in the second half.
· Full year Group underlying profit before tax expected to be between £65 million to £70 million which is towards the top end of expectations.
· Strong cash and working capital management resulting in year-end net debt expected to be approximately £110 million.
dreamcatcher
- 04 Jun 2012 17:22
- 38 of 241
Dixons +45pc
Consumers are hardly rushing out to spend money on expensive electrical gadgets this year. But the one thing they might splash out on is a big television ahead of the Euro 2012 football championship and the Olympics, traditionally a significant spark to the TV market.
Dixons is probably best placed to win this spend, and investors have also been impressed by the new chief executive, Sebastian James, an old friend of David Cameron.
More recently the owner of PC World and Curry’s agreed a £300m refinancing package with its lenders, winning the company some much needed financial security and a vote of confidence.
Many believe the shares are still cheap and could, despite almost zero consumer confidence, continue to do well this year.
hangon
- 05 Jun 2012 12:40
- 39 of 241
Dreamcatcher: certainly "cheap" compared with the past - but what is going to change consumers who now buy On-Line? - they are used to better deals and latest stock; both areas where retaillers can't compete.... So, I'm not at all sure - Small "computer shops" are going out of business because they can't afford to hold stock that degrades . . . and Dixons/PCW are only the same thing "larger" - with Lenders who are also hoping things will turn round . . . but looking at the underlying trend Retail is all but finished, for some classes of goods.( D/PCW holds nearly all of them!). It's not as though D/PCW has a good reputation for Service, is it? PCW prices are significantly higer than elsewhere IMHO - since sales margins must pay for the masses of Stock on display.
As an Equity investment now, there may be some "bounce" so it could be wise inv. but frankly, I don't see much future improvement for this Equity. It did bounce nearly 40% after the dire run-up to Xmas 2011 and that may be the extent of it...but tricky to get "timing" right and then the charges, spreads, etc.
Good Luck.
dreamcatcher
- 17 Jun 2012 20:59
- 40 of 241
Thursday June 21 =
You might have thought that Dixons , selling gadgets in cash-strapped Britain and crisis-hit Italy and Greece, would be trapped in a spiral of despair, but the company has been remarkably upbeat in recent months.
Chief executive Sebastian James has enjoyed a strong start since taking over from John Browett, who left to join Apple earlier this year, but presenting full-year figures will be his most public test yet.
The group, which has about 640 stores in the UK and Ireland said last month that it expected profits for the year to April to be near the top end of City forecasts, which range between £65m and £70m. It pointed to improved ranges and service as sales rose 8pc on a like-for-like basis in the UK and Ireland in the 16 weeks to April 28. Dixons has cautioned that it may temporarily close shops in Greece if civil unrest follows any euro exit.
But Mr James is likely to highlight the relatively strong financial position the company is in with net debt down from £200m a year ago to about £110m. In recent weeks it has received the backing of its banks with a new £300m lending facility
dreamcatcher
- 19 Jun 2012 20:51
- 41 of 241
Dixons Retail followed up its early morning rise to end on 16p, ahead 17% on the day, on hopes that it will see a retail recovery in its Thursday results.
dreamcatcher
- 21 Jun 2012 07:08
- 42 of 241
DIXONS RETAIL PLC
Full year results at the top end of expectations
Key Highlights
· Group underlying total sales(1) (2) flat in the full year with strong momentum in the final quarter.
- Group like for like sales(3) down 3% in the full year, up 5% in the final quarter.
- Like for like sales in the final quarter up 8% in the UK & Ireland and up 10% in the Nordics
· Growing share across most markets, particularly in the UK and Northern Europe.
· Underlying pre-tax profit(1) of £70.8 million (2010/11 profit of £85.3 million).
- Good progress in UK & Ireland and Northern Europe with profits up 15% and 12% respectively
- Offset by weaker performances in Southern Europe and PIXmania.
· Strong growth in multi-channel with sales up 30% in the second half.
· Net debt reduced to £104.0 million from £206.8 million year on year.
· £300 million revolving credit facility signed, extending the maturity date to June 2015.
· On target to repay £160 million 6.125% Bonds due 15 November 2012 and associated hedge cost of approximately £65 million.
· Customer satisfaction and advocacy measures continue to show good progress, particularly in the UK.
Financial Highlights
· Total Underlying Group salesflat at £8.19 billion (2010/11 £8.15 billion).
· Group gross margins down 0.3% in the full year.
- Gross margins flat in the UK in the full year.
- Northern Europe gross margins down 0.5% in the full year but recovering to flat in the second half.
· Total loss before tax of £118.8 million (2010/11 loss of £224.1 million), after non-underlying items(1) of £189.6 million, which are predominantly non-cash and comprise the write off of goodwill relating to Unieuro, Kotsovolos and PIXmania.
· Underlying diluted earnings per share(1) 1.1 pence (2010/11 earnings of 1.6 pence). Basic loss per share for continuing operations 4.3 pence (2010/11 loss per share of 6.6 pence).
· £60 million of cost reductions delivered in the year with £90 million targeted over the next two years.
http://www.moneyam.com/action/news/showArticle?id=4392699
skinny
- 21 Jun 2012 07:17
- 43 of 241
Duplicate!
dreamcatcher
- 10 Aug 2012 07:04
- 44 of 241