Dixons Carphone has described its Christmas trading as ‘solid’ following a 1% uplift in group like-for-like revenue.
UK and Ireland electrical like-for-like sales rose by 2% in the 10 weeks up to January 5th. The retailer has put this strong performance down to good sales in the TV, gaming, smart tech, small domestic appliances and vision categories.
International like-for-like sales increased by 5% with sales in Dixons Carphone’s Nordic region and Greece rising by 3% and 19% respectively.
Alex Baldock, Dixons Carphone group chief executive, said: “Peak trading was solid and in line with expectations, producing record sales against a tough backdrop. We continued to grow our leading electrical market positions in all territories, online and instore. In UK mobile, performance was as expected. Overall, our peak trading was disciplined and well-executed, with stable gross margins.”