Scheme becomes effective

Company Website

Financial Calendar

Recent Broker notes

BarChart Indicators

Recent Market news

Dixons carphone Fundamentals

RBC Capital Markets today reaffirms its outperform investment rating on Dixons Carphone (LON:DC.) and cut its price target to 200p (from 250p).

Activist Elliott exploring taking stake in Dixons Carphone - Sky News

Dixons Carphone plc Xmas 2018/19 Trading Statement

Good Peak performance in line with expectations

· Group like-for-like revenue up 1%

o UK & Ireland electricals like-for-like up 2%

Operational highlights:

UK electricals

· Record Peak sales across all categories driven by Gaming, Smart Tech, Small Domestic Appliances and Vision

· Stand out performance from Gaming, up 60% year-on-year

· Overall product availability up on last year

· Market share up 30bps with growth across all categories and channels

· Good Peak on credit with customer base reaching 802,000 versus 711,000 at the half year

· Online growth of 8% over the period and YTD 28% of total sales, +2ppt year-on-year



UK mobile

· Mobile like-for-like down 7% as expected, impacted by lower volumes of 24 month postpay. Two-year like-for-like was flat in Q3 and like-for-like was down 3% YTD

· Market share in traditional 24 month postpay held against market declines of 8%. Growth in the new longer than 24 month postpay segment continued, an area we do not currently serve

· iD Mobile continued its growth with the customer base surpassing 975,000 customers



International

· In the Nordics, particularly strong growth in Sweden and Denmark with good growth in Norway also achieved, more than offsetting a softer market backdrop in Finland

· Record Black Friday and Peak period with particular strong performances in Gaming, Mobile, Consumer Electronics and Major Domestic Appliances

· Nordics market share up 20bps with growth across all categories and channels

· Greece: excellent performance across all categories with particularly strong growth in Mobile, Major Domestic Appliances and Large-Screen TVs

· International online growth of 22%



Investor and analyst call

There will be a conference call for investors and analysts at 7:45am GMT (8:45am CET) this morning

Dial-in details - UK/International: +44(0) 20 3936 2999; passcode: 31 21 93

Seven-day replay - UK/International: +44(0) 20 3936 3001; passcode: 12 95 63

§ Share gains across all categories online and instore, offsetting market decline

o UK & Ireland mobile like-for-like down 7%

§ Continued decline in 24 month postpay market, down 8% in the period

§ Two-year like-for-like flat

o International like-for-like up 5%; Nordics up 3%; Greece up 19%

§ Gaining or holding share in all territories

· Stable gross margins across the Group

· 2018/19 Group headline PBT guidance of around £300m unchanged

· Good early progress on strategy implementation


more.....