DSG confident of turnaround plan

London: Electrical retailer DSG International said its turnaround plan is on track, that it is delivering better profit and will accelerate the rollout of reformatted stores.

In a strategy update, DSG, which runs the Currys and PC World chains in Britain, UniEuro in Italy and Elkjop in Nordic countries, said the gross profit uplift of new format stores was 20% on average and the indications were that the second year of trading in reformatted stores was strong.