Revenue boost for electronics giant

A “barnstorming” performance from its core UK and Ireland division, helped newly merged electronics retail giant, Dixons-Carphone record a 5% year-on-year jump in first half revenues.

The group — which formally started in August, with the merger of Dixons Retail and Carphone Warehouse — yesterday reported group revenues of £4.97bn (€6.3bn) for the 31 weeks to the beginning of November.

On a geographical footing, the period saw a 6% jump in UK and Ireland revenues and a 5% increase in sales in northern Europe, where the group operates in Holland, Germany, Scandinavia and Finland. In southern Europe — Greece, Spain and Portugal — the group saw sales drop by 11%, however, though Greece did see some growth on the back of market recovery.