Signs display the logo of Dixons Carphone at the company headquarters in London, Britain August 1, 2017. REUTERS/Neil Hall
Dixons Carphone Plc forecast an unexpected drop in earnings this year, sending its shares plunging as an increasing number of Britons opt not to upgrade their mobile phone.
Pretax profit will be in a range of £360mil (RM1.97bil) to £440mil (RM2.41bil) in the year through April, the UK’s largest electronics retailer said in an unscheduled statement Thursday. The average analyst estimate was £508mil (RM2.78bil).
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