UK's Currys tops FTSE 250 on higher FY profit expectations
RefinitivLess than 1 min read
** Shares of Currys PLC CURY rise as much as 17.1% to 104.2p
** Stock on track for best day since December 2024, if prices hold
** Stock is top gainer on FTSE mid-cap index MCX
** British electricals retailer says adj. profit before tax for 2024/25 year expected to be 160 million pounds ($209.7 mln), higher than previous guidance of 145 million - 155 million pounds
** CURY also expects to finish the year with a strong net cash position; trading has been robust since early January
** Other retailers like Tesco TSCO and Sainsbury
SBRY are up between 1.1 - 1.4%
** Stock has fallen ~6.31% so far this year
($1 = 0.76 pounds)
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