What will investors be looking for?
The first priority will be sales momentum.
Analysts currently expect UK & Ireland revenue to rise to £5.53 billion in 2026/27 from £5.44 billion, implying growth of around 1.7%. Nordics revenue is forecast to increase from £3.82 billion to £3.99 billion, or roughly 4.4%.
That means investors will be looking for evidence that Currys is tracking towards those expectations, particularly in the UK where the consumer backdrop remains challenging.
The Nordics will also be important. The region delivered significantly stronger like-for-like growth than the UK & Ireland in the second half of the last financial year, and investors will want to know whether that performance is proving sustainable.
Margins will be another major focus.
Currys has a longer-term target of at least a 3% adjusted EBIT margin in both the UK & Ireland and the Nordics. Current consensus puts UK & Ireland adjusted EBIT at £159 million for 2026/27, only slightly above the £158 million reported last year, with the margin remaining around 2.9%.
That relatively modest forecast for UK profit growth suggests that the market is not expecting a dramatic acceleration in earnings. Instead, the emphasis will be on whether Currys can continue growing sales while maintaining gross margins and controlling costs.
