Dixons Carphone sales beat forecasts, sees no Brexit impact

The headquarters of Carphone Warehouse is seen in west London May 15, 2014. REUTERS/Toby Melville/File Photo

Dixons Carphone, Britain’s biggest consumer electricals and mobile phone retailer, beat forecasts on Thursday with a 4 percent rise in quarterly sales and said it had seen no impact from the vote to leave the European Union in June.

The company, which trades as Currys, PC World and Carphone Warehouse in the UK and Ireland, Elkjop and El Giganten in Nordic countries and Kotsovolos in Greece, said group underlying revenue rose 4 percent in the 13 weeks to July 30, higher than a consensus forecast for growth of 2.5 percent.

Within its home market of Britain, sales were also up 4 percent at stores open more than a year, as consumers appetite for mobile phones and televisions was not affected by the Brexit vote on June 23.

“We are delivering pleasing growth in all markets and continued high levels of customer satisfaction, and, thus far, continue to see no detectable impact of the Brexit vote on consumer behaviour in the UK,” Chief Executive Seb James said in a statement.

[Source:- Reuters]