Dixons Carphone swings into the black as boss hails strong year

Dixons Carphone has swung back into profit and reported soaring sales as boss Alex Baldock hailed the retailer’s strong performance in the financial year.

For the year ending May 1, Dixons Carphone reported statutory profits before tax of £33m up from the £140m loss it registered in the same period the previous year.

The group’s adjusted profit before tax of £156m was a 34% increase year on year. 

 

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