Currys profits reach 48m despite supply chain issues By Georgia Wright - December 15, 2021 Currys said its performance in the period was hit by challenging conditions in its supply chain. 07/07/22. About Currys plcCurrys plc is a leading omnichannel retailer of technology products and services, operating online and through 832 stores in 8 countries. 2021-07-22: Golder Associates USA Inc. 112 North Curry Street, Carson City, NV 89703: Corporation Service Company: 2021-07-16: Enterprise Personlisation - Increasing conversion & CTR by mapping customer journeys & personalised . Download Annual Report Our year in numbers Figures as of 31 December 2021 Number of investment professionals > 170 Total operating income 270.6m (2020: 191.8m) Underlying EBITDA 113.9m (+71.5%) Underlying profit before tax 90.5m (2020: 52.6m) Employees of portfolio companies > 300,000 Reported profit before tax 62.6m (2020: 48.5m) A. Only two colleagues are employed on temporary contracts, as a result we are unable to calculate pay gap figures for this population. -- the risk relating to the Long Term and Diversification of Funding was removed on completion of the refinancing of the Group's debt. This website uses cookies to improve your experience while you navigate through the website. Through strategic analysis of past and future revenue and cost trends, frequent sales and customer service coaching, and managing underperformance through learning and . Stay up to date with our latest RNS and company news. In each of these markets we are the market leader, employing 33,000 capable and committed colleagues. We have coped with these challenges well, mitigating the impact for our customers by making the most of the strength of our supplier relationships to maintain market leading product availability. However, there are risks to our business related to the invasion which are being managed, including: -- risks to our supply chain caused by transport disruption, scarcity of raw materials and components which are being mitigated through our Commercial forecasting and planning activities, -- impacts on our colleagues, especially in relation to our operations in Czech Republic, which are being mitigated through practical assistance and advice being offered to. Boards. Show details. It has been conducted across 553 colleagues. Currys has posted an uplift in first half profit despite a decline in sales due to supply chain disruption. In 2021 that included delivering 1.7 billion medicines, over 767 million vaccines * and 3.7 billion consumer healthcare products. Dial-in: +44 (0)330 336 9434, Confirmation code: 7960441. This report shows our gender pay gap and gender bonus pay gap for Currys Ireland Ltd. Adequacy of internal systems, policy, procedures and processes to comply with the requirements of EU General Data Protection Regulation ('GDPR'). Key events of the year. <> 11 0 obj Quick Links. The Company's 2022 Annual General Meeting (the 'AGM') will be held at 10.00am on Thursday 8 September 2022 at Hilton London Kensington, 179 - 199 Holland Park Avenue, London SW11 4UL. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Carnival Corporation & plc 2021 Annual Report on Form 10-K 2.6 MB. We offer customers products that help them save energy, reduce waste and save water, and we partner with charitable organisations to bring the benefits of amazing technology to those who might otherwise be excluded. Date and title Document Presentation Webcast; 16/11/2022 ASOS FX impact, hedging policy and energy costs : View 10/11/2022 2022 Annual Report : View View ESEF XHTML Download ESEF ZIP: 24/10/2022 Updated sales appendices for the year to 31 August 2022: View 19/10/2022 Final Results for the year to 31 August 2022: View: View: Watch: 15/10/2022 Statement from ASOS plc: View To approve the Directors' Remuneration Report set out on pages 132 to 147 of the Annual Report and Accounts 2021/22. What Annual Leave benefit do Currys employees get? There are a number of non-GAAP measures and alternative prot measures "APMs" discussed within this announcement. 12 0 obj We owe all this to our tens of thousands of capable and committed colleagues, 16,000 of whom will receive 1,000 of free shares in February, as we continue to make all colleagues shareholders. This can be seen in the example below. <> 01/31/2018. <> endobj uB-1"5, (q7sv/+s*FT,2=%k+!ulNN#aXzgRy"DNy-! WPP is the creative transformation company. ZIP download View Online . We believe in the power of technology to improve lives, help people stay connected, productive, healthy, and entertained. E_lgs,rAv8Nv`$r U'lv8AP[KG;t]OG}"Of(^Kt]DI+8 l*{3xT,-ES/MM"tUI"?z0C<=Z!)bm*dUyeie63pZUa't]Y?T65f:H(4}18#kYme}]`H~-/-=-tFUiL:S{{kANl%}6-4kxo]RMkiuO9ICnbO7BI A}Y!D^)h}RT0l,4hr! Our approach to horizon scanning and emerging risks. <> MusicMagpie remains confident after record Black Friday sales, Currys drops Royal Mail for Christmas delivery amid strikes, Waitrose introduces heat pumps in stores to combat rising energy bills. ]' DJulb1h50Q[y@;/2:co :D2N \/01^nU$s za\/8>0r@7q\0rar^.44:0raRSs za\'|d'p8OwJxp{fb==eQm vF+j[M60-0-0-0M0M? At Currys Ireland Limited our 2022 Median Pay Gap is 0.9% and our Mean Pay Gap is -1.6%. A dual-listed company, Carnival is composed of two companies - Panama-incorporated, US-headquartered Carnival Corporation, and UK-based Carnival plc - which function as one entity.Carnival Corporation is listed on the New York Stock Exchange, whereas . It is not a measure of Equal Pay - e.g. Crystallisation of potential tax exposures resulting from legacy corporate transactions, employee and sales taxes arising from periodic tax audits and investigations across the various jurisdictions in which the Group operates. However, after the month of February, temperatures were at 0.80C (1.44F) or higher for the remaining months of 2021. To provide a view over the medium to longer term, a horizon scanning approach is required. Distributed by Public, unedited and unaltered, on 09 December 2022 16:32:07 UTC. Bruce Marsh, Group Chief Financial Officer. This risk has decreased over 2021/22, largely attributable to the suppression of Covid-19. During 2021/22 a number of changes were made to the Group Risk profile, these included: -- following a reduction in the threat from Covid-19, this risk was removed as a standalone risk and subsumed within the existing Group Health and Safety risk; -- our Key Supplier relationship risk was updated to include supply chain related challenges such as reliance on China and factory capacity limitations, chip-set shortages, rising shipping costs, delays at ports and the shortage of HGV drivers. Sign In. Our colleagues are our magic ingredient and making sure they feel valued, are treated fairly and have the same access to opportunities at work is a priority. Currys Half Year Results 2021/22: Strong trading and cash generation as strategic progress continues, Strong UK market share gains, mitigating industry-wide supply chain challenges, Maintaining previous profit expectations despite a softer market in the Christmas run-up, Strong colleague engagement and customer satisfaction continues, Now under one market-leading brand in each country with successful move to single Currys brand in UK & Ireland, One of only two UK retailers to receive A score from CDP for our work to combat climate change, Group adjusted Profit before tax 48m (H1 2020/21: 40m, H1 2019/20: 2m), Group Profit before tax 48m (H1 2020/21: 45m, H1 2019/20: (86)m), Free cash flow 185m (H1 2020/21: 499m, H1 2019/20: 77m), Period end net cash 250m (H1 2020/21: 269m, FY 2020/21: 169m), 75m share buyback commencing in January, interim dividend of 1.00p declared, Net exceptional cash costs of around 70m, To finish the year with at least 100m of net cash, 75m annual buyback to commence when close period ends in January 2022, Group to generate cumulative free cash flow of more than 1bn over 2019/20 to 2023/24, Group expects at least 4.0% adjusted EBIT margin by 2023/24. In accordance with Listing Rule 9.6.1, the Annual Report and Accounts 2021/22, Notice of Annual General Meeting 2022 and Form of Proxy have been submitted to the National Storage Mechanism, where they will shortly be available for inspection at. Carnival Corporation & plc 2018 Annual Report on Form 10-K 2.2 MB. Dixons Carphone PLC has reached its limit for free report views. Adjusted EBIT 57m, (17)m YoY (EBIT 51m), Online sales +9% (ccy neutral), contributing 24% of sales, +2ppts year-on-year, Adjusted EBIT +10% Yo2Y but down (23)% YoY due to gross margin decline and planned transformation costs, Greece Revenue +15%, LFL +8% (Yo2Y Revenue +28%, LFL +19%). Given that the mean bonus is higher for men and the median is greater for women, this indicates that the distribution of bonus' in the male population is less equitable. Stocks . In spring 2021, optimism in the world was in short supply. Retail shareholder. Interim Directors' Report as at 31 May 2021. Satya Nadella. 1. It contains an overview of our tax contribution country by country as well as our broader approach to tax including our UK tax strategy. 2020 ANNUAL REPORT. Yes, more customers are shopping online, and our hard work to build a strong online business has seen us thrive here. Were reducing our impact on the environment in our operations and our wider value chain and we will achieve net zero emissions by 2040. -- reputational risks which could occur if the Group was perceived to not be doing the right thing in response to emerging sanctions. 2018 ANNUAL REPORT. Applicant or student. Delicate Wash: Yes. Commercial: 07854 369 791, UK: Four Cavendish Square, Over 200 views in 24 hours. Against this backdrop, we have taken market share in the UK, margins have remained stable and customer satisfaction has further improved. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. |. Curro annual financial statements for the year ended 31 December 2021 Curro SENS announcement results for the year ended 31 December 2021 Curro notice of AGM year end 2021 Curro AGM presentation for the year ended 31 December 2021 Curro AGM form of proxy editable year end 2021 Curro annual integrated report 2021 Curro B-BBEE certificate 2022 After a strong sales performance in the first half of the year, market demand has softened in the run-up to Christmas. Strong operational and financial performance; adjusted EBIT margins improved to 2.7% (2020/21: 2.5%) Record highs in colleague engagement and customer satisfaction Group store sales up +24% (UK&I +61%), higher than expected as customers rediscovered the benefits of stores 04.01.2022. If you would like to be notified when a new report/presentation is added to this site, please register with our Alert Service. 01/28/2020. currys.co.uk. We are publishing this annual report for the eighth year running. The output of these assessments is aggregated to compile an overall Group-level view of risk. The reporting requirements use both the median and the mean to capture different views of pay distribution across the business. Download Full Annual Report. To reflect its wider ambit, the risk was renamed Supply Chain Resilience; and. Annual Financial Report to 28 February 2022 - PDF Format (Voluntary) Leggi. Editorial: 0208 222 0503 Institutional investor. The Wolters Kluwer 2021 Annual Report reflects our key achievements in 2021, and how we delivered upon our 2019-2021 strategy, Accelerating Our Value. APPLE MacBook Pro 14" (2021) - M1 Pro, 512 GB SSD, Silver. Annual. Currys PC World financials. But opting out of some of these cookies may affect your browsing experience. Carlos Kster Snchez-Cuervo, CFA, CAd's Post. <> 06 Aug 2014 - 15 Sep 2021 CARPHONE WAREHOUSE GROUP PUBLIC LIMITED COMPANY . Giving an update on second half trading to date, the retailer warned that market demand has softened in the run-up to Christmas and that the i, This website uses cookies to improve your experience. Link to strategy: Colleagues, Omnichannel, Customers for life, Considered in the Viability Statement: Yes. More and more, we are doing so. Mandate and planning framework Monetary policy Currys Annual Leave, reported anonymously by Currys employees. legislation that came into effect in 2022. This field is for validation purposes and should be left unchanged. Continuing to invest in colleague and manager capability, with new learning modules designed to increase awareness and understanding and help managers create a more inclusive environment. Currys Half Year Results 2021/22: Strong trading and cash generation as strategic progress continues 12/15/2021 | 02:09am EST 15 December 2021 Unaudited Results for the Half Year Ended 30 October 2021 Strong trading and cash generation as strategic progress continues We Help Everyone Enjoy Amazing Technology Key Highlights: County Dublin, Ireland. As we look to the future, be under no doubt that we will continually strive to find additional ways to create a culture where everyone feels that they belong. Pro forma FY 2019/20 results are included to better indicate the impact of adoption of IFRS 16 Leases in FY 2019/20. Disclaimer. Were a simpler, more focused business, and have completed the hardest yards of our transformation, with big legacy issues now behind us, and the pandemic so far successfully navigated. Page numbers and cross references in the Appendix refer to pages and sections of the Annual Report and Accounts 2021/22. Rightmove 2021 Annual Report. Information on Currys plc is available at www.currysplc.com Follow us on Twitter: @currysplc. The business does not operate in Russia, Belarus or Ukraine and we have obtained confirmations from our Brand and Own Brand suppliers that none of the products we sell are produced in these territories. Whilst we believe this is low, as this is the first year of publication in Ireland we have no benchmark for comparison. DOWNLOAD NOW. Dixons Carphone PLC does not currently have any hardcopy reports on AnnualReports.com. These pro forma results are estimations of the results for FY 2019/20 . Financial Calendar About Wolters Kluwer endobj We help everyone enjoy amazing technology. Group expects at least 4.0% EBIT margin by 2023/24 (equivalent to 3.5% on a pre-IFRS16 basis) Total positive cashflow from UK&I Mobile over 2020/21 to 2023/24 will be at least 200m (from previously guided 125-175m range), including 143m generated in 2020/21 Annual pension contributions will rise to 78m from 2021/22 onwards WPP Annual Report 2021 in structured electronic format (ESEF) Highlights. Half-Yearly Financial Report as at 31 August 2021. Therefore, currys.co.uk accounts for 5.0% - 10.0% of eCommerce net sales in this category. In addition, employers are required to disclose the distribution of, gender by pay quartile - four groups split and, grouped around pay bands, indicating the proportion, Employers are required to publish the gender bonus, gap between men and women, calculated over a 12, month period. This was offset by lower Nordic profits due to a decline in gross margin after the strong performance last year, planned transformation cost and additional costs to mitigate supply chain headwinds. ENDS For further information: Dan Homan Investor Relations +44 (0)7401 400442. Cost-of-living crisis casts shadow over Britain's Black Frida.. Currys : invests in robotic suits to help deliver for Black Friday. <> The mean is an average and can be distorted by even a small number of extremes and measures both high and low. Worked under Cognizant (France) to build up the server for an Irish-based financial organization. Diverse Supplier Spend Report; Semiconductor . VIEW ONLINE. We use the power of creativity to build better futures for our people, planet, clients and communities. Operating cash flow was in-line with last year. Income statement Balance Sheet Cash Flow. Our strategic progress. Failure to manage the business of the Group in compliance with FCA regulation and other financial services regulation to which the Group is subject in a number of areas including the mobile insurance operations and consumer credit activities of Currys Retail Limited. 3. 2021 by the numbers A review of some key numbers related to the Bank of Canada's work in 2021. There are a number of critical projects to deliver in support of the business strategy. (f) Calculated on equity bases and included carbon sink. This risk has decreased over 2021/22 reflecting the progress made advancing our ESG initiatives. CURRYS PLC - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity. Annual Report2021 Sustainability Report2021 Merck Annual Report 2021 About us Expertise Science & Tech News & Stories Careers Investors Main menu Home To Our Shareholders To Our Shareholders Letter from Beln Garijo The Executive Board Merck Shares Merck in figures Management Report Management Report Fundamental Information about the Group You also have the option to opt-out of these cookies. . This material is not a substitute for reading the full Annual Report and Accounts 2021/22. 2021/22. EMEA Morning Briefing: Stocks Poised for Mixed Start After Fed Min.. Analyst recommendations: Booking, Lowe's, Snap, Snowflake, Tesla.. Analyst recommendations: Dominion Energy, Gitlab, eBay, Lululemo.. Dixons Carphone : RBC Reduces Dixons Carphone PT Affirms Sector Perform .. Free P&P. PORTABLE 230V MINI 3KG WASHING MACHINE DORM FLATS STUDENT KITCHEN SPIN DRYER. h5kT&"$geUBM97s Y!l/+bTFUDZZy q(J{esJBw9/yV1Lw}=,o>sE.o$F;D}== All rights reserved. Level the playing field with access to the latest investment research. -- Implementation of Covid-19 controls to protect colleague in the workplace and customers in the retail estate, including continuous monitoring of changing government regulation in all jurisdictions. Analyst. The top stores are amazon.co.uk, apple.com and currys.co.uk . For further information, please contact rns@lseg.com or visit www.rns.com. ANNUAL REPORT 2021/22 AND NOTICE OF ANNUAL GENERAL MEETING 2022. 5. Currys group chief executive Alex Baldock said: Weve had a strong first half of the year. Annual Energy Consumption: 128 Kwh. Financial statements. Yet adidas chose to see possibilities. Unsuitable procedures and due diligence regarding product safety, particularly in relation to OEM sourced product, may result in poor quality or unsafe products provided to customers which pose risk to customer health and safety. 9 0 obj All FY22 Based in London, England Visit website Most Recent Annual Report MOST RECENT 2021 Annual Report Report Locked. Delayed London Stock Exchange These cookies will be stored in your browser only with your consent. Results, Reports & Presentations. CURRYS PLC ISIN: GB00B4Y7R145 WKN: B4Y7R14 Asset Class: Stock Income statement 2021 2020 2019 Turnover 10,358,000,000 10,123,000,000 10,433,000,000 Net . TIDMCURY RNS Number : 3986V Currys PLC 09 August 2022 9 August 2022 ANNUAL REPORT 2021/22 AND NOTICE OF ANNUAL GENERAL MEETING 2022 Currys plc (the 'Company') has tod. FY 2022. Machine learning marketing campaigns - Creating rule based SQL audience models from rich 1st part behavioural data to target in-market audiences across digital comms and using propensity models. The year culminated as the sixth warmest year on record . Risk owner: Chief People, Communications & Sustainability Officer. DOWNLOAD NOW. Jul 2022 - Jul 20221 month. endobj The information included in the Appendix to this announcement has been extracted from the Annual Report and Accounts 2021/22 and is reproduced here solely for the purposes of complying with the requirements of Disclosure Guidance and Transparency Rule ('DTR') 6.3.5 in respect of how to make annual financial reports available to the public. Leggi. Report. For the year ended 30 June 2021. and National Emergency Management Agency Annual Report 2020/21. We Help Everyone Enjoy Amazing Technology, however they choose to shop with us. Close. At 31 March 2021, we had 160.7 million of Draper Esprit Plc cash (including restricted cash of 2.3 million), along with 42.6 million of EIS/VCT fund cash, and 60.0 million of undrawn debt from our revolving credit facility. <> Principal risks to achieving the Group's objectives (pages 58 to 64). The risk has remained unchanged over 2021/22. While sales in the UK and Ireland dropped by 4 per cent to 2.5 billion, revenue rose by 9 per cent in Greece and was flat in the retailers Nordic region. Leggi. Annual Report Due Date: 2022-02-28 : Registered Agent. We have strategic clarity, aligned behind a common purpose: We Help Everyone Enjoy Amazing Technology. The gender pay gap is reported on both a mean (average) and median (mid-point on a distribution) basis. Currys plc Financial statements & reports Currys plc (CURY) Ordinary 0.1p Sell: 70.25p Buy: 70.40p 0.15p (0.21%) FTSE 250: 0.56% Market closed | Prices as at close on 8 December 2022 | Turn on. Failure to prevent injury or loss of life to customers, colleagues, contractors, franchise partners, agency staff and the public which may have serious financial and reputational consequences. Engaging with colleagues through regular inclusion campaigns. Dear shareholders, colleagues, customers, and partners: As I write this, people and organizations everywhere continue to struggle with the uncertainty of a pandemic that continues to cause so much suffering. ?(v IsgqDpyfiuxg9m{xg9{xXz=4cWn1mSR}aJ;vj}5IqX Bv g GP6zq5^ 7 \Ok3^:5?\%mpRM!V'G"yK&?mZjsVY wnW{Xb%j'VZ1b1]Yj). Report (7.14 MB) Report - Electronic Format (ESEF) 01 Mar 2022. https://data.fca.org.uk/#/nsm/nationalstoragemechanism . We received your report. Last time, the BoE followed a succession of 50bps rate raises with its first ever 75bps hike . . * The directors of Currys plc as at 9 August 2022 are listed on pages 82 and 83 of the Annual Report and Accounts 2021/22. After the strong first half, we remain on track to meet the expectations we set out a month ago for full year adjusted PBT of around 160m. individual level pay between men and women performing the same or like work or work that has been rated of equal value.1. Creating new partnerships. Were a leader in giving technology a longer life through repair, recycling and reuse. When you need it to perform at its best, is your e-commerce fulfilment as efficient as it should be? In the UK&I we trade as Currys; in the Nordics under the Elkjp brand and as Kotsovolos in Greece. These charts show our gender pay results as a percentage of men and women arranged into four quartile bands. Thats paying off. 2 Currys plc Annual Report & Accounts 2021/22 Overview Our Vision We help everyone enjoy amazing technology We help customers choose, afford and enjoy amazing technology however they shop with us. APPLE iMac 4.5K 24" (2021) - M1, 256 GB SSD, Silver Ask an owner Over 200 views in 24 hours macOS Big Sur Apple M1 chip RAM: 8 GB / Storage: 256 GB SSD Retina 4.5K Ultra HD display 1,127.97 One-off payment 43.33 per month* *Representative example: Credit amount 1,127.97. Annual Report 2018 PDF (5.88 MB) Pagination. Current page 1; Page 2; Next page; Last page; Title Results Presentations Reports Webcast; Insights into UK retail October 2018 . -- Business continuity and crisis management plans in place and tested for key business locations. Compact Portable Mini Washing Machine with 2 Tub 10.4lb Washer & Spin Dryer 2021. Consolidated. Listening and responding to colleague feedback which has inspired the creation of a new Equality, Inclusion & Diversity: Dignity at Work Policy. Were here to help everyone enjoy those benefits and with our scale and expertise, we are uniquely placed to do so. We confirm that to the best of our knowledge: -- the financial statements, prepared in accordance with the relevant financial reporting framework, give a true and fair view of the assets, liabilities, financial position and profit or loss of the Company and the undertakings included in the consolidation taken as a whole; -- the Strategic Report includes a fair review of the development and performance of the business and the position of the Company and the undertakings included in the consolidation taken as a whole, together with a description of the principal risks and uncertainties that they face; and. 2019 ANNUAL REPORT. Companies. Giving an update on second half trading to date, the retailer warned that market demand has softened in the run-up to Christmas and that the immediate outlook has become more uncertain due to the arrival of the new omicron Covid-19 variant. The risk management process mirrors the operating model with each business unit responsible for the ongoing identification, assessment and management of their existing and emerging risks. Congratulations once again to our winners at Currys plc, Morrisons, . All figures are year-on-year unless stated. Results, Reports & Presentations | Pearson plc Home Investors Our performance & updates Results, reports, webcasts & presentations Results, reports, webcasts & presentations Here you'll find all of our results, annual reports, webcasts, presentations and more. Weve had a strong first half of the year. The immediate outlook has become more uncertain, with the omicron Covid-19 variant and associated government restrictions potentially further dampening market demand. The end of 2021 felt much like the beginningfull of cautious optimism but clouded by near-term uncertainty about the path of the COVID19 pandemic and its impact on the economy. endobj Such statements are based on current expectations and are subject to a number of risks and uncertainties that could cause actual results to differ materially from any expected future events or results referred to in these forward-looking statements. (e) Hydrocarbon gross production from fields fully operated by Eni (Eni's interest 100%) amounting to 1,041 mmboe, 1,009 mmboe and 1,114 mmboe in 2021, 2020 and 2019, respectively. Total amount payable 1,559.88. Group adjusted EBIT was flat YoY. Ask an owner. xZ[o8~KVxyjl`_TIcK$7C()P8Qspm>(h c`-#A5nnE_.@w;pw#TZFDFz)$an%a:Rt 0@ESvZEe endobj % who didn't receive benefits in kind % who received benefits in kind, All Irish colleagues at Currys are eligible for benefits in kind, All companies with 250 or more employees are now, required to publish their gender pay gap under new. Explore. Necessary cookies are absolutely essential for the website to function properly. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. The current status is Active. Currys Full Year Results 2021/22 - Presentation. Marylebone, London, W1G 0PG. These documents are available to view on the Company's website at www.currysplc.com/investors . Together, these announcements constitute the material required by DTR 6.3.5 to be communicated to the media in unedited full text through a Regulatory Information Service. The global temperature departure for February 2021 was +0.64C (+1.15F) the coolest February since 2014. endobj We also use third-party cookies that help us analyze and understand how you use this website. Investors Open link menu. The mean bonus gap is a result of higher bonus opportunities available to full-time colleagues, where a higher percentage of our male colleagues are in full-time roles compared to female colleagues. Not having the right workforce capacity, capability, and colleague commitment necessary to deliver on our strategy. Inadequate governance and control around information security could result in an information security breach compromising the confidentiality, integrity and/ or availability of customer, colleague or supplier data. <> The Group recognises that taking risks is an inherent part of doing business and that competitive advantage can be gained through effectively managing risk. Jul 28, 2021. 5 0 obj We therefore welcome the legislation introduced by the Irish Government requiring every employer with more than 250 employees to publish its Gender Pay Gap. Annual Reports. Tax Expense Rate 100.00% -15.00% -20.08% Annual report: CURRYS PLC Page 1 of 2. 16 0 obj Working even more closely with our existing partners such as Everywoman and Business in The Community to provide access to the knowledge and expertise that is helping us build an inclusive and diverse culture. Employers are required to publish the gap in pay, between men and women on both a median basis, and a mean basis, for all employees, part-time. Technology is now more important than ever to peoples lives, and were best-placed to make the most of that. Im proud to be their colleague., Adjusted EBIT growth of +130% driven by +110bps gross margin improvement and cost reductions, Nordics Revenue +3%, LFL (1)% (Yo2Y Revenue +20%, LFL +19%). Adjusted results are consistent with how business performance is measured internally and presented to aid comparability of performance. Employee. Subscribers receive messages containing links to the online annual report and proxy statement, and may vote their proxies online. To find out more please read our privacy policy, Currys to reveal sales progress as online growth continues, Interview: The woman giving The Body Shop a much-needed makeover, Primark to open 10 stores before Christmas as it continues expansion, Data: Retailers cannibalised Christmas sales with early Black Friday offers, Superdry boss Julian Dunkerton in talks for potential buyout, Monsoon to open more stores as it bounces back from administration, Tesco begins search for new chairman as Allan prepares to step down. Stock Information - TSX AGM & Special Meetings Stock Information - LSE . Currys performed better than Dunelm in 2021, with reported revenue of 10.1 billion compared to Dunelm's 2.7 billion. The registration date is July 21, 2006. and Report by the Minister for Emergency Management on Non-departmental Appropriations. The six months to October 30 saw the electrical retailers pre-tax profit climb to 48 million from 45 million in the previous year, although group revenue fell by 2 per cent to 4.8 billion. But in fact much has changed. Currys plc (the 'Company') has today published its Annual Report and Accounts 2021/22 and Notice of Annual General Meeting 2022. In addition, along with the Proxy Form for the Annual General Meeting 2022, they have been posted or otherwise made available to shareholders depending on their elected method of communication. As a market leading technology products and services retailer, our vision drives everything we do, in all countries in which we operate. macOS 12.0 Monterey. Group sales were flat YoY on a currency neutral basis, as +4% growth in our international business was offset by the decline in UK&I sales and the Carphone Warehouse Ireland closures. 01/28/2019. View story. Terms & Conditions. Critical shortages of labour can stress Copyright Retail Gazette. and Report by the Minister of Finance on a Non-departmental Appropriation. The Group is scheduled to publish its Peak trading update covering the 10 weeks to 8 January 2022 on Friday 14 January 2022. And yet, as I reflect on what has been a very . endobj Major loss of customer, colleague, or business sensitive data. -- Appropriate engagement of third-party specialists to provide independent advice where deemed appropriate, -- The Group remains committed to achieving a resolution with HMRC in relation to open tax enquiries. 08/08/22. Carlos Kster Snchez-Cuervo, CFA, CAd 3d Report this post For example, we are: Whilst we continue to invest in the above, we also know that there's more we can, and need, to do. Based in a fast paced, customer facing retail environment, I was required to deliver strict KPI targets to achieve Monthly revenue streams and deliver annual profitability. By continuing to browse the site you are agreeing to our use of cookies. 2021 Sustainability Report. Our story; Our approach; Responsibility; Investors; Careers; Contact; Alert service. Click the button below to request a report when hardcopies become available. 2. The Club has reported record revenues of 613 million and record profits of 41.7 million, the latter being more than double the previous Club record. Gender Bonus Gap - Colleagues in receipt of bonus, * Two female colleagues only: pay gap unable to be calculated. Equity research, broker reports, and media content available to private and non-institutional investors. Currys Annual Leave, reported anonymously by Currys employees. <> The content of this announcement, including the Appendix, should be read in conjunction with the Company's Preliminary Results announcement, which was released on 7 July 2022 and is available on the Company's website at www.currysplc.com/investors. Read more. Investors. Its their skill and will thats keeping us on track for another successful year, and thats transforming Currys into a business to be proud of. 01/26/2021. Is your e-commerce operation delivering what it should? The Group's approach to risk management and risk governance framework is set out in the Corporate Governance Report on pages 87 to 99. Registered Agent Name: CORPORATION SERVICE COMPANY : Registered Agent Address: 112 North Curry Street Carson City . Learn more. It also sets out our 2022-2024 strategy, Elevate our Value, designed to build on the previous plan and strengthen our focus on cloud-based expert solutions. 13 0 obj % Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. We are confident that the Group remains fully compliant with all UK sanctions on Russian and Belarussian entities. %PDF-1.4 Our market has been softer over recent weeks, and we may face into further headwinds from omicron and associated restrictions, but the stronger business weve built can ride out both the industry-wide disruption to supply chains and bumpy demand. RAM: 16 GB / Storage: 512 GB SSD. business warned that market demand has softened in the run-up to Christmas, Currys to hand 75m to shareholders as sales soar past 2019 levels. This risk has increased over 2021/22. Were a simpler, more focused business, and have completed the hardest yards of our transformation, with big legacy issues now behind us, and the pandemic so far successfully navigated. Carnival Corporation & plc 2020 Annual Report on Form 10-K 3.1 MB. Currys plc published this content on 09 December 2022 and is solely responsible for the information contained therein. Save my name, email, and website in this browser for the next time I comment. Annual Report and Accounts 1. What Annual Leave benefit do Currys employees get? Employers are also required to disclose percentages, of staff receiving benefits in kind by gender, The gender pay gap is the difference between what men typically earn in an organisation compared to what women earn, irrespective of their role or seniority. Our full range of services and support makes it easy for our customers to discover, choose, afford and enjoy the right technology for them, throughout their lives. Report. The risk has remained stable over 2021/22. Currys PLC 09 August 2022 9 August 2022 ANNUAL REPORT 2021/22 AND NOTICE OF ANNUAL GENERAL MEETING 2022 Currys plc (the 'Company') has today published its Annual Report and Accounts. 2 0 obj 2021 2020 2019 Accounting standard IFRS IFRS IFRS Employees 35,046 36,350 42,185 Equity ratio 34.61% 29.49% . Please submit your votes and questions before 10.00am on Wednesday 6 September 2022. We grew colleague engagement and customer satisfaction, gained market share and stabilised gross margins in the UK, grew profits and generated strong cash flow.Technology is now more important than ever to peoples lives, and were best-placed to make the most of that. Adjusted EBIT 11m, +4m YoY (EBIT 11m), Adjusted EBIT +4m YoY due to strong sales growth and improved gross margin. 7 0 obj Apple M1 Pro chip. z[B,/cVG1fb1! The median is the mid-point and is not affected by these extremes. Click here. endobj . This information is provided by RNS, the news service of the London Stock Exchange. WPP Annual Report 2021 PDF 15.7 MB. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's All rights reserved. We have strategic clarity, aligned behind a common purpose: We Help Everyone Enjoy Amazing Technology. The major objective was to establish a working environment by moving all components (firewalls, routers, switches, etc.) Exposure to disruption to our supply chain that could impede our ability to provide Amazing Technology to our customers and impact our customer satisfaction, profitability, cash flow and market share. endobj Global monthly temperature anomalies, with ENSO status. Interim directors' report as at 30 november 2021. Sponsored. VIEW ONLINE. Responsibility Responsibility. CURY Currys Plc Currys PLC Annual Financial Report. Apr 26, 2022 . Alternative performance measures, including adjusting measures, are defined on page 53 of the annual report. Copyright 2022 Surperformance. Sarah Thomas Deputy Company Secretary +44 (0)7401 373 188 Nevertheless, there are costs associated with some of these mitigations, and there has been some impact on our product availability and on sales of some in-demand products. Conversely, our median bonus gap is a result of women achieving higher bonus' in the lower retail grades, where the median lies. Cookies on Companies House services. Link to strategy: Omnichannel, Customers for life. The Group continues to develop its risk management processes, fully integrating risk management into business decision-making. Jun 2022 - Present7 months. Capital expenditure and exceptional cash costs were lower than last year but as expected, working capital inflow was substantially lower for the half, resulting in lower free cash flow. Across much of our business in Ireland, we pay a standard hourly rate regardless of gender and this is reflected in our low mean and median pay gaps. Currys said its performance in the period was hit by challenging conditions in its supply chain which was exacerbated in the last few months by issues such as oceanic freight inflation, a shortage ofHGV drivers, 7.5 tonne vandrivers and warehouse operatives, as well as Brexitrelated teething problems with getting stock into its Irish business. And we will. However, as we have published our UK Gender Pay Gap data for a number of years, analysis of the data provides us with a great opportunity to reflect on the progress we have made to create an even more diverse and inclusive culture across the business. Download PDF 691KB View Online . Standalone. Shareholder Information. The Group Risk and Compliance Committee is asked to review and discuss the horizon risks and to form a view as to whether any of these should be considered in the Principal Risk process or additional actions should be factored into strategic planning for the business. Support: 888-992-3836 | NewsWire | Home | Login / Register. . . Leggi. A major incident impacts the Group's ability to trade and business continuity plans are not effective, resulting in an inadequate incident response. 1 0 obj . Search. -. <> The principal risks and uncertainties, together with their potential impacts and changes in net risk since the last report, are set out in the tables below along with an illustration of actions being taken to mitigate them. 110.0 million (gross). 10 0 obj -- PEAK planning and preparation to ensure system stability and availability over high-demand periods, -- Individual system recovery plans in place in the event of failure which are tested in line with an annual plan, with full recovery infrastructure available for critical systems, -- A mature IT Service Design & Transition process controls and manages the transition of new and changed services into production. Well therefore assess our financial strength on a total indebtedness basis and will target the following metrics1 ; After maintaining a prudent balance sheet and paying the agreed pension contributions2, our refreshed capital allocation priorities are: 1 Fixed charge cover is calculated as annual operating cash flow plus cash lease costs divided by total annual cash lease costs, interest and pension contributions Indebtedness leverage is defined as total indebtedness divided by operating cash flow plus cash lease costs2 Monthly pension contributions of 6.5m are due to continue until 31 December 20283 Annual cash returns including ordinary dividend in excess of 78m per year to be matched by additional pension contributions, There will be a live Q&A call for investors and analysts at 9:00am. Annual financial report 2020/21 as at 28 February . Failure to respond with a business model that enables the business to compete against a broad range of competitors on service, price and / or product range. But most customers buy tech through both online and stores, our sweet spot, where weve worked hard to build on our strengths. The horizon scanning exercise is updated at least semi-annually to ensure that the horizon is consistently scanned for developments and changes that may impact the business, including, for example, how the macro economic environment and inflation could impact the cost of living and consumer spending. Above all, were showing that in technology retail omnichannel wins. -- Significant investment in information security safeguards, IT security controls, monitoring, in-house expertise and resources as part of a managed information security improvement plan, -- Information Security and Data Protection Committee and Technology Risk forum set up, with responsibility for oversight, co-ordination and monitoring of information security policy and risk. Employers must publish both median, Employers are required to disclose percentages of. <> UK&I EBIT margins increased due to higher mix of store sales and continuing cost reductions. It is mandatory to procure user consent prior to running these cookies on your website. In 2021, Bravissimo made the difficult decision to . Defined terms used in the Appendix refer to terms as defined in the Annual Report and Accounts 2021/22. 17 0 obj -- Ensuring alignment of key suppliers to future strategy; "Project Board Meetings" with strategic suppliers' management, -- Continuing to leverage the scale of operations to strengthen relationships with key suppliers and maintain a good supply of scarce products, -- Working with suppliers to ensure availability of products through Key Supplier Group engagement program, -- Control structures to ensure appropriate Supplier Relationship Management for GFR, GNFR and OEM, Considered in the Viability Statement: No. Information contained on the Currys plc website or the Twitter feed does not form part of this announcement and should not be relied on as such. Non-compliance with Financial Conduct Authority ('FCA') and other financial services regulation. 236.40. VIEW ONLINE. Barclays PLC Pillar 3 Report 2021 (PDF 5.7MB) Barclays Bank UK PLC Pillar 3 Report 2021 (PDF 4.3MB) and Report by the Prime Minister on a Non-departmental Appropriation. <> Jobs. UK earnings, trading statements calendar - next 7 days, Electricals Retailer Currys Drops Royal Mail Ahead Of Christmas Deliveries Period, Britain's Currys to avoid using Royal Mail 'for now' over strikes, Factbox-What European companies are doing as workers face high inflation, European retailers hope for best on Black Friday. This is the difference between the hourly rate of pay of men and women, expressed as a percentage of the men's hourly pay rate. 2022 Annual Meeting of Shareholders 2021 Virtual Investor Day Corporate overview Business strategy Vision & values Leadership team Board of directors Sustainability Investor essentials Investors briefcase Interactive Financial and ESG data Stock information Why invest Financial information Interactive Annual Report 2021 Quarterly reports Download PDF 1.7MB View Online . Annual Report 2021 Download the 2021 Annual Report Download It has been a year of outstanding strategic, operational and financial progress for AO, resulting in a significant step change for our business Group Revenue 1,661m Group Adj EBITDA 64m Group EBITA margin 4% Profit Before Tax 20m Cash Generation 60m Reduction of net debt 28m We're very proud to be a founding member of Diversity In Retail and we are currently investing in our internal talent pipelines through participation in their Board Readiness, Ethnic Future Leaders and Senior Women Leadership programmes. Failure to respond to changes in consumer preferences and behaviours. During the last few months, well-publicised global supply chain challenges have affected the industry. Our vision, we help everyone enjoy amazing technology, has a powerful social purpose at its heart. Currys Full Year Results 2021/22. Annual Report 2021 . 06.05.2021. Key performance indicators. Shareholder Information Open link menu. A key system becomes unavailable for a period of time. To receive the Company's Annual Report and Accounts, including the strategic report and the reports of the directors and auditor for the period ended 30 April 2022. 2021 ANNUAL REPORT. Notice of Annual General Meeting 2022. "%AG7;T` 4D$bJ = .:(/`A8("]j8@[*_:`vt~{>{"!y)LccZgJkE 6IFOB Additionally, we have a greater proportion of men in senior retail and supply chain roles, where the bonus opportunity is higher. DSD Annual Report 2020/21 isiXhosa (File type: pdf; size: 1.97 MB) 2021: Department of Social Development (Western Cape Government) DSD Annual Report 2020/21: Transfer Payments: Annexure A (File type: pdf; size: 1.03 MB) 2021: Department of Social Development (Western Cape Government) Heritage Western Cape Annual Report 2021-22: 2021 to 2022 Currys' success is likely due to its wider product range, as well as its presence in both brick-and-mortar stores and online. Haley Dawn Holdings LLC (Business# 701002) is a business registered with Nevada Secretary of the State (SOS). More and more, we are doing so. LllPXHA2sCex$-B This risk remains unchanged over 2021/22. The risk has reduced over 2021/22 due to increased levels of assurance over the strength of the data protection control environment. Our commitment to sustainability and being a good corporate citizen is either not delivered or not adequately communicated to or recognised by customers and investors. Draft Annual Return FY 2021-22. Three-year average. We Help Everyone Enjoy Amazing Technology. 1,763.00. Currys 2021/22 annual report UK 2022 Gender Pay Gap Report Business in the Community Race at Work Charter Everywoman Diversity in Retail Important note: The gender pay gap is the difference between what men typically earn in an organisation compared to what women earn, irrespective of their role or seniority. Reports and presentations. Battery life: Up to 17 hours. For further information: Information on Currys plc is available at www.currysplc.com Follow us on Twitter: @currysplc About Currys plc Investor presentation. 15 0 obj You have entered an incorrect email address! Currys group chief executive Alex Baldock said: Currys said its performance in the period was hit by challenging conditions in its supply chain which was exacerbated in the last few months by issues such as oceanic freight inflation, a shortage of, drivers and warehouse operatives, as well as Brexit. Nevertheless, the strong first half performance from a stronger business means we remain on track to meet expectations outlined at our Capital Markets Day last month for full year adjusted PBT of around 160m. Control Type: Dial / Touch. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. 5.0 . WRAP has published its first Annual Report for #Textiles2030. Carnival Corporation & plc is a British-American cruise operator with a combined fleet of over 100 vessels across 10 cruise line brands. -- Failure to achieve strategic objectives without strong leadership and capable and committed colleagues, -- Approach for remuneration and incentives that supports a high-performance culture, reinforces the right behaviours aligned to our values and supports selling responsibility to customers. * The directors of Currys plc as at 9 August 2022 are listed on pages 82 and 83 of the Annual Report and Accounts 2021/22. GuidanceCurrent year guidance as previously guided: Medium term guidance as previously guided: Capital structure and allocation as previously guided: As announced at our Capital Markets Day on 4 November, reviewed our capital allocation framework, with a particular focus on the appropriate balance sheet leverage, our ongoing pension commitments, our dividend policy and on our ability to return surplus cash to shareholders. 14.07.2021. DOWNLOAD NOW. Header placeholder lorem ipsum dolor sit amet, consectetur adipiscing elit. However, Currys has said it remains on track to meet expectations for a full year adjusted pre-tax profit of around 160 million, Click here to sign up to Retail Gazettes free daily email newsletter. We intend to maintain a strong balance sheet. The Groups operations are supported by a sourcing office in Hong Kong, state-of-the-art repair facilities and an extensive distribution network, enabling fast and efficient delivery to stores and homes. Carnival Corporation & plc 2019 Annual Report on Form 10-K 1.4 MB. Currys plc. Source: Mercer - What the difference is between 'Gender Pay Gap' and 'Equal Pay'. Shareholders are encouraged to vote on all resolutions proposed in advance of the AGM, and to submit any questions they may have for any member of the Board to cosec@currys.co.uk . Annual Report 2021 (extension, size) Annual Report 2021 ESEF version (extension, size) 2021 Sustainability Report (extension, size) . Almost two-thirds of our colleagues work part- time, and the pay gaps for these colleagues are therefore comparable with our overall figures. This risk has remained unchanged over 2021/22. <> Pay 36 monthly payments of 43.33. endobj The impact of the Russian invasion of Ukraine. from the old office to the new office. Annual Report 2021 Continue to Shareholder Letter. 6 0 obj Use the filters below to choose a date and the type of information you want. Unless otherwise required by applicable laws, regulations or accounting standards, we do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise. Dial-in: +44 (0)330 336 9434, Confirmation code: 7960441 Next scheduled announcement The Group is scheduled to publish its Peak trading update covering the 10 weeks to 8 January 2022 on Friday 14 January 2022. This section includes all the financial results, reports, presentations and webcasts from our business. 07/07/22. 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