Jobs safe at Currys and Dixons
DSG yesterday reported a first half pre-tax loss of £11.4 million (€13.5m) and flat revenue of £3.35 billion for the period up to October 16 last; adding that trading conditions in its core British and Ireland division (the group also operates in Scandinavia and across six countries in mainland Europe) remained challenging over the period.
DSG is in the midst of a three-year restructuring programme, aimed at reducing costs by about £150m; with £50m of cuts already having been met.