PC World owner unveils 30% profits plunge

Currys and PC World owner DSG International unveiled a 30% plunge in profits today and warned it remained “very cautious” about consumer confidence.

The group posted underlying pre-tax profits of £205.3m (€259m) for the 53 weeks to May 3, down from £295.1m (€372m) for the previous year, but in line with market guidance.