NEWS
DSGi: We’re on course for growth
Retail giant comfortable with £8 million loss, targetting £130 million profit for full year
By Matt Grainger
DESPITE POSTING losses of almost £8 million for the first half of the year, DSGi has stated that it is happy with its performance so far. Talking to PCR, DSGi’s head of
media relations, Mark Webb stated that the company made most of its money over the Christmas period, and that it was on-target to outperform last years figures. “We make our profits in the second half of the year,” said Webb. “Analysts
see us as delivering in line with expectations, so for the full year they’re talking about £110 to £130 million profit, compared with £90.5 million last year. “We’re the bellwether of this
industry because we’re the market leader and also because we’re the first to announce our trading results, so it’ll be very interesting to see our competitors’ figures, because we’re very confident that we’ve grown our share across most of our markets.” Webb told PCR that DSGi will
“It’ll be very
interesting to see our competitors’ figures, because we’re very confident that we’ve grown our share across
most of our markets.” Mark Webb, DSGi
continue to improve its portfolio, drive ahead with its refurbishment programme and will improve its service game with the deployment of Know How, which will replace the Tech Guys. However, he also hinted at further expansion for the retailer. “We’re still delivering this average
growth profit uplift of 20 per cent,” noted Webb. “We’re delighted with the megastores in particular, and there’s potential for up to seventy in the UK market in the end, so you’ll see plenty more of those.”
www.pcr-online.biz
December PCR 15
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