Dixons Carphone Reports Robust First Quarter After Seeing No Detectable Impact From Brexit Vote

Dixons Carphone has reported has posted robust first quarter results after the Brexit votes appeared to have little impact on trading.

For the 13 weeks to 30 July, the group’s total revenue rose by 9% with like-for-like sales increasing by 4%.

In its core UK & Ireland division, like-for-like sales were up 4%, whilst sales in its Nordic and Southern Europe businesses increased by 2% and 13% respectively.

Seb James, Dixons Carphone Group Chief Executive, commented: “We have had another very good quarter and I am happy to be reporting this level of performance today. 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.”

He added: “Looking forward, we are optimistic about the future and about our ability to continue to outperform, without in any way being complacent.”