Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. This helped to offset lost sales from enforced store closures during lockdowns, which also kept its Dixons Travel airport outlets shut. Dixons Carphone is a public company. When should children start brushing teeth independently, and how can you be sure they are doing a good job? See why the IDC MarketScape positioned SAP SuccessFactors as a Leader in the 2022 worldwide modern talent acquisition suites vendor assessment. Note that certain functionalities that these third-parties make available may be impacted if you do not accept these cookies. These cookies are required to use this website and can't be turned off. Under the agreed multi-year agreement, Accenture will extend its . Just as the future of shopping is hybrid, so is the future of work. Like-for-like sales of electrical goods were up 14% despite stores in the UK, Ireland, Norway, Denmark and Greece being shut for substantial periods. This included SAP Ariba, SAP SuccessFactors and SAP Concur with the SAP Fiori UX alongside SAP S/4HANA Finance. About Dixons Carphone. 91.121.112.90 In UK&I Electricals, our sales are up on last year, with around half of the sales through our stores, as expected. Dixons Carphone Full Year Results 2020/21: Strong performance in a challenging year", Strong trading in all markets; market share gains in all open channels, Electricals online sales growth +103% to 4.7bn, Significant acceleration in omnichannel transformation, Strong cash flow generation driving return to net cash balance sheet, Repaid governments 73m of furlough paid to UK & Ireland colleagues during the year and 144m VAT deferral, Restarting dividend; full year dividend of 3.0p proposed, Electricals LFL +14%, despite UK, Ireland, Norway, Denmark and Greece stores being shut for substantial periods, Group total revenue +2% as LFL growth offset by impact of high street store closures in Mobile, Group adjusted profit before tax 156m (2019/20: 116m), Group statutory profit before tax of 33m (2019/20: loss of (140)m), Free cash flow 438m (2019/20: 109m) aided by acceleration of Mobile network debtor cash, Year-end net cash 169m (2019/20: net debt (204)m), Online sales +114% to 3.4bn, offsetting sales loss from enforced store closures and in Dixons Travel, Online market share gain +6.0ppts, store market share up when stores open, Grew number of customers with whom we have a relationship and contact permissions to 9.6m (from 3.5m), Online sales +79% to 1.3bn, contributing 28% of sales, +10ppts year-on-year, Nordics share growth +0.8ppts, delivering another year of record sales, profit and customer satisfaction, Greece sales +10% and profits robust despite widespread store closures, Sales declined due to UK standalone Carphone Warehouse store closures announced in March 2020, exacerbated by unexpected enforced 3-in-1 store closures, Network debtor unwind drove segmental free cash flow of 143m, To maintain a net cash position at year end, Net exceptional cash costs of less than 100m (from 130m previously guided), Group to generate cumulative free cash flow of more than 1bn over 2019/20 to 2023/24, Group expects at least 4.0% EBIT margin by 2023/24 (equivalent to 3.5% on a pre-IFRS16 basis), Total positive cashflow from UK&I Mobile over 2020/21 to 2023/24 will be at least 200m (from previously guided 125-175m range), including 143m generated in 2020/21, Annual pension contributions will rise to 78m from 2021/22 onwards, Dividend of 3.0p expected to grow, further details to be provided in due course. Focusing on helping customers navigate the connected world, Dixons Carphone offers a comprehensive range of electrical and mobile products, connectivity and expert after-sales services Currys plc: Overview. The start of the financial year has seen continued strong trading in all our markets and Im more confident than ever in our prospects.. About Dixons CarphoneDixons Carphone plc is a leading omnichannel retailer of technology products and services, operating through 932 stores and 16 websites in eight countries. We use cookies to offer you the best possible website experience. This will also allow us to drive improvements in the sustainability of our supply chain, enabling us to make a significant impact to our own carbon footprint and in turn, that of our customers, helping them make more sustainable choices., Lazar Armianov, Regional Sales Director at EcoVadis, added:Dixons Carphone is dedicated to helping its customers make informed decisions based on the sustainability of products and suppliers. Dixons Carphone plc is a leading omnichannel retailer of technology products and services, operating through 931 stores and 16 websites in eight countries. We are really just warming up, he said. Net cash / (debt) has been redefined in the period to comprise only cash and cash equivalents and short-term deposits, less borrowings. Dixons Carphone has admitted a huge data breach involving 5.9 million payment cards and 1.2 million personal data records. Shared from my Google feed, Passionate People Leader | Commercial Mindset | Change Agent | Music Lover. But were most excited about what lies ahead. One team with one big passion. The Nordics geographical Dixons Carphone Plc is an electrical and telecommunications retailer and services company. Dixons Carphones adjusted pre-tax profits rose by 34% year on year to 156m, slightly ahead of analyst expectations. Your IP: Currys plc is a United Kingdom-based omnichannel retailer of technology products and services. Baldocks comments came as Dixons Carphones annual profits rose by a third as it notched up almost 5bn in online sales of electrical goods including televisions, laptops and video game consoles to consumers stuck at home during the pandemic lockdowns. These cookies provide statistical information about our website and are used to measure and improve performance. One Of Dixons Carphone And Boohoo.com Is A 'Hot Buy' Following Today's News. The Currys brand also replaced the company's PC World, Team Knowhow and Carphone Warehouse brands. The company announced in April it would permanently close all Dixons Travel shops because it did not expect a sufficient recovery in passenger numbers to make up for the UK governments decision to scrap tax-free shopping. The Group is planning a Capital Markets Day for 4 November 2021. The presentation slides will be available via the webcast and onwww.dixonscarphone.com. Carphone Warehouse shops continue providing telephone services. We are the market leader in the UK & Ireland, throughout the Nordics and in Greece, employingover22,000 capable and committed colleagues in the UK & Ireland andapproximately32,500 globally across the Group. Baldock said he expected spending on technology to continue strongly as the shift to working from home and new interest in gaming and digital entertainment prompted a permanent change in habits. A full reconciliation to net cash / (debt) can be found in note A10 within the Glossary and Definitions section. Michelle Gorringe-Smith appointed to Director of Stores, a key role within the Dixons Carphone Group Leadership Team. Amid concerns about shortages of workers across the UK, the retailer has committed to increasing minimum hourly wages for its UK workers in shops, call centres and home delivery by an average of 9% from October, bringing them in line with recommended living wage levels of 10.85 an hour in London and 9.50 outside the capital. Improving experiences with one source of data, Ensuring better service and bigger smiles, Secure the best talent with recruiting software, Do Not Share/Sell My Personal Information, Acquire the best talent to drive business transformation worldwide, Use cloud-based technology for high-volume to executive recruiting, Guide the entire recruitment process with embedded intelligent technologies and an applicant tracking system (ATS). There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Assad MalicGroup Strategy & Corporate Affairs Director+44 (0)7414 191044, Dan HomanHead of Investor Relations+44 (0)7401 400442, Amy ShieldsDirector of External Communications+44 (0)7588 201442, Tim Danaher, Sam ChieneBrunswick Group+44 (0)207 4045959. Dixons Carphone said sales of computing products, especially Apple devices and gaming equipment, rose by a quarter while TV sales were up significantly helped by the Euros football competition and raised interest in digital entertainment including gaming. The value that is presented in the right side is the Company ID . Ed Connolly, Chief Commercial Officer at Dixons Carphone, said:The ability to assess the carbon footprint of our suppliers is vital as we work towards becoming Net Zero by 2040. Dixons Carphone plc published this content on 11 July 2018 and is solely responsible for the information contained herein. Scott Dixon and Jimmie Johnson are the two greatest drivers in their respective series since the beginning of the Millennium. It provides various services such as repair, installation and maintenance, technical support and expert advisory services . Click on 'Show version information'. As a responsible retailer, we are committed to driving meaningful change, and well work with our suppliers and partners such as EcoVadis to evaluate how we can make our global supply chain more sustainable. He admitted that a lack of HGV drivers was a challenge for the business, but that it had been able to use its muscle as a market-leading retailer to secure enough supplies of products. The six-time IndyCar Series champion and the seven-time NASCAR Cup Series champion were both named to the Motorsports Hall of Fame of America Class of 2024 on Friday. Cloudflare Ray ID: 7c0b7cc73c37367f UK retailers report strongest summer sales in four years, Sign up to the daily Business Today email or follow Guardian Business on Twitter at @BusinessDesk, Original reporting and incisive analysis, direct from the Guardian every morning, 2023 Guardian News & Media Limited or its affiliated companies. This drove higher cashflow and alongside working capital inflow meant the group generated free cash flow of 438m and ended the year with 169m of net cash. The action you just performed triggered the security solution. Visit the SAP News Center. We are the market leader in the UK & Ireland, throughout the Nordics and in Greece, employing 35,000 capable and committed colleagues across the Group. Our Dixons Travel brand has a presence across several UK airports as well as in Dublin and Oslo, and our services are provided through Team Knowhow in the UK, Ireland and the Nordics. Retailer commits to increasing minimum hourly wages amid concerns over UK worker shortages. We are Currys. With a full range of services and support, we make it easy for our customers to discover, choose and enjoy the right technology for them, throughout the life of the product. Click to reveal It is listed on the London Stock Exchange, and is a constituent of the FTSE 250 Index. Login - SAP SuccessFactors Skip to Main Content SuccessFactors Business Execution Suite Release:Release build b2211p23e.20230419153605 (20230419153605) Server:167pc57bcf29 The Carbon Action Module will increase transparency across the retailers supply chain and enable it to better measure aspects of its Scope 3 emissions, a necessary step in its Net Zero journey. HRIS Technical Integration Architect | HRIS Transformation Consultant.