Carphone Warehouse profits up 75%
By Mark Roberts
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Posted 12 June 2008 @ 10:23 am GMT
Carphone Warehouse profits were up 75 per cent to £216 million in the year ended 29 March 2008, the telecoms company said on Thursday. Revenue for the group also rose by 12 per cent to £4,474 million.
A Carphone Wareouse store in an undated file photo. IBTimes/Alan Channer
Schroders 35% profit rise in 2007The company said that it was raising its full year dividend 31 per cent to 4.25 pence per share.
Carphone Warehouse connections rose 15 per cent to 11.5 million people in the last year and total telecoms subscriptions were up 13 per cent.
Charles Dunstone, CEO of Carphone, said, "This has been a very successful year for The Carphone Warehouse. Financially we have performed very well, with 12% growth in revenues and 75% growth in headline pre-tax profit."
This article is copyrighted by the International Business Times.
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