Currys, the UK electricals retailer, said full-year profits would be slightly lower than its previous guidance after Christmas trading was disrupted by supply chain problems.
For the year to end-April, it now expects adjusted pre-tax profit of ￡155m against an estimate of ￡160m made immediately before the peak trading period.
Sales in the 10 weeks ended January 8 were down 5 per cent, worse than the 2 per cent decline reported at the half-year results just a month ago.
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