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Currys set for free cash flow boost

The company expects a £32mn hit from the UK budget
Currys set for free cash flow boostPublished on December 12, 2024
  • Dividend should be reinstated next year
  • Current trading in line with expectations

Currys (CURY) shares were marked up by 15 per cent after the omnichannel retailer disclosed significantly reduced statutory losses alongside growing market share in its half-year results. The company has set the scene for a step-up in future free cash flow generation as it flagged "by far the strongest balance sheet" it has had in the decade since the Dixons and Carphone Warehouse merger. 

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