Currys plc is a business with solid foundations and significant competitive advantages. It has a clear strategy to increase free cashflow and a balance sheet that is now strong enough to return increasing amounts of surplus free cash flow to shareholders.
Currys is a leading omnichannel retailer of technology products and services in the UK&I and Nordics
Currys is the clear #1 specialist technology retailer wherever we are present, underpinned by service capabilities that competitors can’t deliver at comparable scale or quality.
17.5 %
Market share in UK&I
28 %
Market share in Nordic
Diversified and increasingly recurring revenue
Revenues are diversified across geographies, products, services, channels and increasingly customers. A growing portion of revenue is from recurring sources
£ 873 m
Group recurring service revenue
+ 7 %
year-on-year growth
A proven strategy that has already delivered profits and cash flow growth
Our strategy is delivering ever improving outcomes for colleagues and customers alongside improved profits and cash flow.
£ 255 m
Group adjusted EBIT
£ 157 m
Group adjusted FCF
Strong financial position
The Group has steadily decreased financial leverage and now has a net cash balance sheet with a very small pension liability, giving it flexibility to react to opportunities or headwinds.
£ 176 m
Year-end net cash
Range of profitable growth drivers
The Group aims to grow in core markets alongside several diverse growth drivers that are effectively more than doubling the Group’s total addressable market.
+ 16 %
B2B revenue growth year-on-year
+ 52 %
New categories revenue growth year-on-year
A clear path to growing cash flow and shareholder returns
Revenue growth alongside continued gross margin accretion, cost control and disciplined investment grow the Group’s profits and free cashflow, more of which can be returned to shareholders.
£ 24 m
Dividends
£ 50 m
Share buyback
Sources: Currys internal information. Unless otherwise stated, all figures relate to FY 2025/26.
(1) NielsenIQ/GfK Point of Sales Tracking Service addressable market value data May 2025 to April 2026 mapped against Currys’ internal sales data.
(2) For definitions of APMs, refer to the notes to the Group financial statements.