DC.L - Dixons Carphone plc

LSE - LSE Delayed price. Currency in GBp
116.00
-8.55 (-6.86%)
As of 1:52PM BST. Market open.
Stock chart is not supported by your current browser
Previous close124.55
Open90.04
Bid115.60 x 340600
Ask116.05 x 37400
Day's range90.00 - 117.22
52-week range90.00 - 201.80
Volume7,910,747
Avg. volume2,174,122
Market cap1.345B
Beta (3Y monthly)1.20
PE ratio (TTM)N/A
EPS (TTM)-29.80
Earnings date20 Jun 2019
Forward dividend & yield0.10 (8.03%)
Ex-dividend date2018-12-27
1y target est178.64
  • Dixons Carphone Warns of ‘Significant’ Losses in Mobile Business
    Bloomberg3 hours ago

    Dixons Carphone Warns of ‘Significant’ Losses in Mobile Business

    (Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Dixons Carphone Plc plunged to a record low after warning of “significant” losses in its mobile business as U.K. consumers upgrade their phones less often and shift to cheaper contracts.The company, which sells phones and other electronic gadgets, said profits will be squeezed as consumers switch to shorter, more flexible deals. The deepening problems in the mobile arm compound the woes at Dixons after a data breach last year.The shares fell as much as 28%, the most since 2017. As of late morning they pared the loss to 13%.The company had warned in December that the U.K. mobile landscape was shifting. As upgrades to handsets become more incremental, the retailer is losing out on the former bonanza from shoppers rushing out to replace them every six months or so. It’s moving to cut costs by integrating the mobile and electronics businesses.“The market in mobile is changing and these changes are accelerating so we are accelerating plans to merge our two businesses,” Chief Executive Officer Alex Baldock said on a call.The problems at Dixons add to the woes on the U.K.’s shopping streets, where retailers are reeling from the shift to online shopping and the political turmoil over Brexit. Electronics chain Maplin is one of several chains that’s collapsed.Dixons said it is renegotiating contracts with wireless operators, some of which have required it to meet volume targets even if the company loses money on new customers. That will boost profit by 60 million pounds ($76 million) this year, Baldock said, and lay the groundwork for improved results in the following two years.Online ShiftIf Dixons can harness e-commerce more effectively, it could see profits rebound, said Julie Palmer, a partner at restructuring specialist Begbies Traynor.“First it will have to tackle the falling demand for new mobile-phone contracts, as consumers continue to delay the purchase of major white goods until there is greater confidence in the economy,” she said.While full-year earnings before interest and taxes met analysts’ average estimate, Dixons predicted adjusted pretax profit this year to be around 210 million pounds, roughly 30% below market expectations. The retailer recorded costs of 20 million pounds for last year’s data leak.“Analysts were not expecting such a steep cut to profit guidance, although the share-price decline over the past year or so indicates that the market more generally was expecting further bad news,” Liberum analyst Adam Tomlinson said by phone.(Updates with analyst comment in eighth and ninth paragraphs)\--With assistance from John Lauerman and Luca Casiraghi.To contact the reporters on this story: Eric Pfanner in London at epfanner1@bloomberg.net;Ellen Milligan in London at emilligan11@bloomberg.netTo contact the editors responsible for this story: Eric Pfanner at epfanner1@bloomberg.net, John LauermanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • 'More pain' this year for Carphone Warehouse and Currys PC World
    Sky News4 hours ago

    'More pain' this year for Carphone Warehouse and Currys PC World

    The company behind Carphone Warehouse and Currys PC World has warned its UK mobile division will remain "significantly loss-making" this year. Shares fell as much as 27% in early deals after Dixons Carphone used the publication of its full-year results to tell investors it would take time for plans to transform the business to deliver value. The annual figures were announced against a backdrop of a half-year loss of £440m - reflecting a £490m writedown in the value of its Carphone Warehouse operations.

  • Loss of market share means 'more pain' for Currys PC World owner
    Sky News4 hours ago

    Loss of market share means 'more pain' for Currys PC World owner

    The company behind Carphone Warehouse and Currys PC World has warned its UK mobile division will remain "significantly loss-making" this year. Shares fell as much as 27% in early deals after Dixons Carphone used the publication of its full-year results to tell investors it would take time for plans to transform the business to deliver value. The annual figures were announced against a backdrop of a half-year loss of £440m - reflecting a £490m writedown in the value of its Carphone Warehouse operations.

  • Reuters - UK Focus5 hours ago

    UPDATE 2-Exporter-heavy FTSE 100 soars as BoE growth forecast cut hurts pound

    London's FTSE 100 swiftly climbed to a session high as its international stocks got a lift from a hit to sterling after the Bank of England cut its economic growth forecast, adding on to earlier cheer that was brought on by the Fed's softer stance. The FTSE 100 index was up 0.7% with BP and Shell both up more than 1% after Middle East tensions drove crude prices higher, while the FTSE midcap index was up 1% at its highest in a month by 1154 GMT.

  • Exporter-heavy FTSE 100 soars as BoE growth forecast cut hurts pound
    Reuters6 hours ago

    Exporter-heavy FTSE 100 soars as BoE growth forecast cut hurts pound

    The FTSE 100 index was up 0.7% with BP and Shell both up more than 1% after Middle East tensions drove crude prices higher, while the FTSE midcap index was up 1% at its highest in a month by 1154 GMT. The pound trimmed gains after the BoE cut its growth forecast to zero in the second quarter and highlighted risks from global trade tensions and growing fears of a no-deal Brexit.

  • Reuters - UK Focus6 hours ago

    Oil majors, miners bolster FTSE 100 rebound after Fed signals more rate cuts

    London's FTSE 100 rebounded Thursday on strong gains in oil majors and miners as investors were encouraged by the U.S. Federal Reserve's stance on potential rate cuts, while electronics retailer Dixons Carphone tanked. The FTSE 100 index was up 0.5% and the FTSE midcap index rose 0.4% by 0707 GMT.

  • Dixons Carphone sees UK mobile remaining 'significantly loss-making'
    Sky News6 hours ago

    Dixons Carphone sees UK mobile remaining 'significantly loss-making'

    The company behind Carphone Warehouse and Curry's PC World has warned its UK mobile division will remain 'significantly loss-making' this year. Shares fell 27% at the market open after Dixons Carphone used the publication of its full-year results to tell investors it would take time for its plans to transform the business to deliver value. The annual figures were announced against a backdrop of a half-year loss of £440m - reflecting a £490m writedown in the value of its Carphone Warehouse operations.

  • Reuters - UK Focus6 hours ago

    UPDATE 3-Dixons Carphone profits slump in fast-changing mobile market

    Dixons Carphone plans to accelerate its response to a rapidly changing mobile phone market after reporting a 22% slump in annual profit and warning of another big fall in the current year, hammering its shares. Shares in Britain's biggest seller of electricals and mobile phones, which trades as Currys, PC World and Carphone Warehouse in the UK, opened at a 10-year low on Thursday after it forecast profit for the current year would be nearly a third lower than the market had expected. Dixons Carphone has been damaged by a shift in the mobile phone market as customers keep their handsets for longer, choose cheaper SIM-only deals, and turn to more flexible credit-based offers.

  • Dixons Carphone profits slump in fast-changing mobile market
    Reuters7 hours ago

    Dixons Carphone profits slump in fast-changing mobile market

    Dixons Carphone plans to accelerate its response to a rapidly changing mobile phone market after reporting a 22% slump in annual profit and warning of another big fall in the current year, hammering its shares. Shares in Britain's biggest seller of electricals and mobile phones, which trades as Currys, PC World and Carphone Warehouse in the UK, opened at a 10-year low on Thursday after it forecast profit for the current year would be nearly a third lower than the market had expected. Dixons Carphone has been damaged by a shift in the mobile phone market as customers keep their handsets for longer, choose cheaper SIM-only deals, and turn to more flexible credit-based offers.

  • How Does Dixons Carphone plc (LON:DC.) Affect Your Portfolio Volatility?
    Simply Wall St.last month

    How Does Dixons Carphone plc (LON:DC.) Affect Your Portfolio Volatility?

    If you own shares in Dixons Carphone plc (LON:DC.) then it's worth thinking about how it contributes to the volatility...

  • I’d ditch a Cash ISA and buy these 7%+ yielding FTSE 250 dividend stocks
    Fool.co.uklast month

    I’d ditch a Cash ISA and buy these 7%+ yielding FTSE 250 dividend stocks

    With dividend yields of 7% and more, these FTSE 250 (INDEXFTSE:MCX) income stocks are a much better buy than a Cash ISA writes Rupert Hargreaves.

  • 3 top FTSE 250 value stocks I’d buy today
    Fool.co.uk2 months ago

    3 top FTSE 250 value stocks I’d buy today

    These unloved FTSE 250 (INDEXFTSE: MCX) dividend stocks look too cheap to Roland Head.

  • Is Dixons Carphone plc's (LON:DC.) Liquidity Good Enough?
    Simply Wall St.2 months ago

    Is Dixons Carphone plc's (LON:DC.) Liquidity Good Enough?

    Stocks with market capitalization between $2B and $10B, such as Dixons Carphone plc (LON:DC.) with a size of UK£1.6b, do not attract as much attention from the investing community as do the small-caps and large-caps. While they are...

  • Reuters3 months ago

    FCA fines Dixons Carphone for mis-selling Geek Squad phone insurance

    The Financial Conduct Authority (FCA) said the company's Carphone Warehouse did not give its staff the right training to give proper advice to customers purchasing the service and were trained to recommend it to customers who already had cover. "Carphone Warehouse sales staff were trained in 'spin selling', where the focus was on persuading customers to purchase Geek Squad and on selling the features of the product," the FCA said http://bit.ly/2Hs9Mby.

  • Should You Investigate Dixons Carphone plc (LON:DC.) At UK£1.36?
    Simply Wall St.4 months ago

    Should You Investigate Dixons Carphone plc (LON:DC.) At UK£1.36?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Dixons Carphone plc (LON:DC.), which is in Read More...

  • Reuters5 months ago

    Fresh global growth worries drag on FTSE 100; lift-off for easyJet

    By Shashwat Awasthi (Reuters) - Britain's FTSE 100 posted its worst day in nearly a month on Tuesday as renewed global economic slowdown worries sparked a sell-off across the U.S., Asian and European markets ...

  • Hedge Funds Hunt for Brexit Bargains
    Bloomberg5 months ago

    Hedge Funds Hunt for Brexit Bargains

    Neither Elliott nor Dixons would comment on Tuesday, and the Sky story said the fund’s investigations might come to naught. But there are several reasons why such a move would make sense. Shares in Dixons have fallen about 30 percent over the past year, as the retailer parted ways with its chief executive Sebastian James.

  • Dixons Carphone says well prepared for no deal Brexit
    Reuters5 months ago

    Dixons Carphone says well prepared for no deal Brexit

    Dixons Carphone (DC.L), Britain's biggest seller of electricals and mobile phones, said it was in good shape to operate effectively in all Brexit scenarios, including the country leaving the European Union without a deal. Business leaders have warned of chaos at ports if the UK does not agree on terms for its withdrawal from the EU, now just over two months away. If there is, we are as well prepared as we can possibly be," finance chief Jonny Mason told reporters on Tuesday after the firm updated on Christmas trading.

  • Reuters - UK Focus5 months ago

    Dixons Carphone's Christmas sales rise 1 pct

    Britain's Dixons Carphone maintained its profit guidance for the full year after it reported a small rise in underlying revenue over the key Christmas quarter. The group, which trades as Currys PC World ...

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