DSG’s “satisfactory” performance

11 May 2006 – Hemel Hempstead (UK): DSG International chief John Clare has said the electrical retailer delivered a "satisfactory" performance over the year, considering the UK’s difficult retail environment.

Clare expects full-year underlying profit before tax to be in the range of £312 million ($581 million) to £318 million.

 

He added that the electrical markets across Europe performed "slightly better" in the second half of the year, boosted by new technology digital products and laptop computers.

 

The firm’s PC City chain produced an encouraging performance in Spain and its showing in Italy and Sweden was in line with expectations. However, the chain’s performance in France was described as "disappointing".