But profits hit by Talk Talk losses
Carphone Warehouse has unveiled total group revenues up 40.2 per cent to£1.81 billion for the 26 weeks to September 30.

Pre-tax profits stood at£14.1 million, down from£37 million in the comparable period last year, with start-up losses of£45.1 million for the Talk Talk free broadbrand service and Virgin Mobile France.

Revenues at the retail division increased 28.2 per cent to£857.5 million and like-for-like sales rose 12.1 per cent. Retail gross profit climbed 27.8 per cent to£234.5 million and like-for-like sales were up 6.8 per cent.

Carphone Warehouse chief executive Charles Dunstone said: 'This has been a busy six months, during which Carphone Warehouse has delivered another very strong set of results and invested significantly in building its platform for future growth.'

In early October, mobile phone giant Vodafone ditched Carphone Warehouse in favour of rival firm Phones 4U as the exclusive retailer of its mobile phone contracts.

But Dunstone said: 'Subsequent to its announcement on October 12, we have been actively engaged with Vodafone regarding the development of a pan-European framework agreement.'

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