Britain's Dixons Carphone profit falls, skips final dividend
July 15 (Reuters) - Electricals retailer Dixons Carphone DC.L said on Wednesday annual group profit halved due to underperformance of its mobile unit, while coronavirus-induced restrictions hit sales at its stores even as online sales rose.
The UK-based group abandoned its final dividend for the year and also did not issue an outlook after its adjusted pretax profit for the year ended May 2 fell to 166 million pounds ($208.81 million) from 339 million pounds last year.
($1 = 0.7950 pounds)
(Reporting by Pushkala Aripaka and Tanishaa Nadkar in Bengaluru, Editing by Sherry Jacob-Phillips)
((Pushkala.A@thomsonreuters.com; Twitter: @pullthekart; within UK: +44 20 7542 1810, outside UK: +91 80 6182 2600; Mobile: +91 852 751 3793 ;))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
