Currys (LSE:CURY) lifted full-year adjusted profit before tax by 18% to £191m, backed by group revenue of £9.25bn, up 6% year on year, with like-for-like growth of 4%.
The UK and Ireland division grew like-for-like revenue 3%, generating adjusted EBIT of £158m, up 3%, while the Nordics delivered a sharper 6% like-for-like gain and adjusted EBIT of £97m, up 26% on a currency-neutral basis.
Group free cash flow rose 5% to £157m, leaving year-end net cash at £176m against a pension deficit of £6m.
The board proposed a final dividend of 2.25p per share, taking the full-year payout to 3.0p, a doubling year on year, covered 4.5 times by earnings.
Adjusted earnings per share came in at 13.4p, up 19%.
Fredrik Tønnesen, currently Nordics chief executive, will succeed Alex Baldock as group CEO from 3 August.
Baldock said the group had meaningfully expanded its addressable market through B2B, which has "almost trebled the market accessible to us," adding that the opportunity from higher-margin services and solutions "remains larger still."
For the year ahead, Currys is targeting at least 2.8m iD Mobile subscribers and is comfortable with current market consensus, though it noted ongoing macro uncertainty.
