The merged Dixons Carphone business today said its integration was on track as it looks to build a business that will improve customers lives through technology.
Dixons Retail and Carphone Warehouse merged in a deal that completed on August 7, and today the new multichannel company reported its first joint trading statement. The statement, running to August 2, covered figures prior to the finalized merger.
It said that in the quarter to August 2, Dixons Retail saw UK and Irish sales rise by 4%, on a like-for-like basis, with sales in Greece up by 6%.
But Carphone Warehouse sales were down by 6%, like-for-like, as it suffered from comparisons against a strong period in the previous year and in its Spanish market where market conditions were “difficult”.
Sebastian James, group chief executive said: “Dixons Carphone looks to be in excellent shape to tackle the perpetually shifting sands of the market and to achieve its goal of improving our customers’ lives through technology.
“The integration is going well with seven departments now serving both parts of the business in an integrated way and, although it is early days, our 11 stores-in-store are performing ahead of the business case that we set out in our merger announcement.”
The company said its electricals business in the UK had benefitted from the World Cup and the consumer recovery.
