Comet stars as Kesa improves profits

Electricals group Kesa delivered improved half-year operating profits today after benefiting from a strong performance by flagship UK chain Comet.

Kesa, which has more than 600 outlets in seven European countries, said Comet overcame fierce price competition to help group profits before exceptional items to improve by 3.6% to £54.7m (€80.4m) in the six months to July 31.