Dixons Carphone Full Year Results 2020/21: Strong performance in a challenging year", Strong trading in all markets; market share gains in all open channels, Electricals online sales growth +103% to 4.7bn, Significant acceleration in omnichannel transformation, Strong cash flow generation driving return to net cash balance sheet, Repaid governments 73m of furlough paid to UK & Ireland colleagues during the year and 144m VAT deferral, Restarting dividend; full year dividend of 3.0p proposed, Electricals LFL +14%, despite UK, Ireland, Norway, Denmark and Greece stores being shut for substantial periods, Group total revenue +2% as LFL growth offset by impact of high street store closures in Mobile, Group adjusted profit before tax 156m (2019/20: 116m), Group statutory profit before tax of 33m (2019/20: loss of (140)m), Free cash flow 438m (2019/20: 109m) aided by acceleration of Mobile network debtor cash, Year-end net cash 169m (2019/20: net debt (204)m), Online sales +114% to 3.4bn, offsetting sales loss from enforced store closures and in Dixons Travel, Online market share gain +6.0ppts, store market share up when stores open, Grew number of customers with whom we have a relationship and contact permissions to 9.6m (from 3.5m), Online sales +79% to 1.3bn, contributing 28% of sales, +10ppts year-on-year, Nordics share growth +0.8ppts, delivering another year of record sales, profit and customer satisfaction, Greece sales +10% and profits robust despite widespread store closures, Sales declined due to UK standalone Carphone Warehouse store closures announced in March 2020, exacerbated by unexpected enforced 3-in-1 store closures, Network debtor unwind drove segmental free cash flow of 143m, To maintain a net cash position at year end, Net exceptional cash costs of less than 100m (from 130m previously guided), Group to generate cumulative free cash flow of more than 1bn over 2019/20 to 2023/24, 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, Dividend of 3.0p expected to grow, further details to be provided in due course. The focus has now shifted to transforming the customer experience, prioritising the retail and digital supply chain operations with SAP. Login - SAP SuccessFactors You may freely choose to accept or decline these cookies at any time. Supergoop's Amanda Baldwin and The Honey Pot's Bea Dixon spoke candidly about what it takes to be a successful leader, how critical it is to build the right teams, and why running a company is anything but glamorous. Dixons does not employ lorry drivers directly; they work for its logistics partner, DHL. "[16], The business was renamed from Dixons Carphone to Currys plc in September 2021. Dixons Carphone has admitted a huge data breach involving 5.9 million payment cards and 1.2 million personal data records. SAP SE (NYSE: SAP) today announced new research revealing that supply chain transformation is an important business priority on CEOs agenda in Northern Europe. But Which Is It? SAP has played an instrumental role in helping us to deliver efficiencies using the most robust and intelligent Enterprise Resource Planning solution on the market, said Blair Robinson, Central Business Services Director, Dixons Carphone PLC. Note that certain functionality that these third parties make available may be impacted if you do not accept these cookies. Dixons Carphone Company Profile - Office Locations, Competitors - Craft Dixons Carphone rapidly deployed and went live in July 2018 with SAP S/4HANA Finance to deliver a single source of truth for its operations, servicing its 33,000 employees in the UK business. [3] It was formed on 7 August 2014 by the merger of Dixons Retail and Carphone Warehouse Group. Note that certain functionalities that these third-parties make available may be impacted if you do not accept these cookies. Technology has become even more central to peoples lives. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Dixons Carphone | Company Overview & News - Forbes [15] Following the spread of the COVID-19 pandemic, on 4 August 2020, Dixons Carphone announced additional 800 job cuts in order to reduce the costs caused by the pandemic. When should children start brushing teeth independently, and how can you be sure they are doing a good job? Appointment of new Group Chief Financial Officer | Currys PLC As a global business with a complex supply chain, it is incredibly important for us to have a simple yet practical way to measure and improve both ours and our suppliers performance against our Standards for Responsible Sourcing. Talent Acquisition Assessment. 91.121.112.90 The UK retail environment looks set to become much more difficult in the months ahead. We continue to see evidence that our markets will be structurally larger post-pandemic, and that not all last years growth was pulled forward. Dixons Carphone is raising pay for workers as the technology retailers boss warned of a heating-up in the market for staff. By leveraging our cloud applications powered by SAP S/4HANA, Dixons Carphone will become far more efficient and make real-time business decisions, Im looking forward to seeing how Dixons Carphone uses SAP as a foundation for innovation as it progresses on its digital transformation project.. Scott Dixon and Jimmie Johnson are the two greatest drivers in their respective series since the beginning of the Millennium. As the best-known retailer in tech, we are very proud of the service levels our customers say they receive. Learn how AGCO created digital HR experiences that encourage employee learning as part of a fulfilling employee lifecycle. Restarting its shareholder dividend, Dixons Carphone said it had given back 73m in furlough payments received for its UK and Irish employees, as well as 144m in deferred VAT. Net cash / (debt) has been redefined in the period to comprise only cash and cash equivalents and short-term deposits, less borrowings. In 2016, Currys (formerly Dixons Carphone), a United Kingdom based Retail organization with 31717 employees and revenues of $12.40B selected SAP SuccessFactors Employee Central for Core HR while displacing Oracle E-Business Suite HRMS, and integrating with the existing systems being used. Focusing on helping customers navigate the connected world, Dixons Carphone offers a comprehensive range of electrical and mobile products, connectivity and expert after-sales services AddThis is a widget that allows you to share jobs across the web to various other platforms. Disclaimer. Performance & security by Cloudflare. The Greece geographical segment consists of ongoing operations in Greece. According to the firm, the reason behind the closure of the stores was the online shift of customers and a lesser extent of phone upgrades. #Ericsson granted EUR 250 mln #EIB loan for #5G R&D (link: http://bit.ly/2stDrbr) bit.ly/2stDrbr We are really just warming up, he said. LONDON; August 18, 2016 - Accenture (NYSE: ACN) today announced it has extended its contract with Dixons Carphone, Europe's leading specialist electrical and telecoms retailer and services company, to support its system integration work following the merger between Carphone Warehouse and Dixons Retail in August 2014. When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. First published on Wed 30 Jun 2021 04.34 EDT. DIXONS CARPHONE. In the UK and Ireland where the company will be rebranding as Currys this year and ditching the Dixons, Carphone Warehouse and PC World brands online sales rose by 114% to 3.4bn. But can stock pickers still make a mint with these stocks? Online, in-store or in their homes, we go the extra mile. Under the agreed multi-year agreement, Accenture will extend its . (modern). Shared from my Google feed. Dixons Carphone brands have a long history of success through its brick-and-mortar shop fronts, in part because customers know that they can try out the latest models and talk to knowledgeable sales staff before deciding on the product or service that meets their needs. We would like to show you a description here but the site won't allow us. The company announced in April it would permanently close all Dixons Travel shops because it did not expect a sufficient recovery in passenger numbers to make up for the UK governments decision to scrap tax-free shopping. The companys adjusted pre-tax profits rose by 34% year on year to 156m, slightly ahead of analyst expectations. We Help Everyone Enjoy Amazing Technology, however they choose to shop with us. Currys plc - Wikipedia Sound's great Harry! About Dixons CarphoneDixons Carphone plc is a leading omnichannel retailer of technology products and services, operating through 932 stores and 16 websites in eight countries. Find out how Insight Enterprises meets the expectations of modern job candidates and employees through digital HR self-services. Our next phase of the transformation will see us make further strides here with a fully integrated and joined up journey for customers., Our partnership with Dixons Carphone is a great example of a company moving to the cloud and becoming a true Intelligent Enterprise, said Jens Amail, Managing Director UK and Ireland, SAP. SAP SuccessFactors Recruiting software can help you secure the right talent through results-oriented recruiting practices and embedded engagement and automation. But were most excited about what lies ahead. Recruiting, Talent Acquisition, and Applicant Tracking System (ATS Dixons Carphone also implemented a range of SAP cloud applications along with SAP S/4HANA to improve customer experience with faster payments and refunds via BACS instead of cheques, and to provide a more efficient finance, human resources and procurement platform and reporting environment. Dixons Carphone Plc is an electrical and telecommunications retailer and services company. "Embattled Carphone Warehouse owner to shut 92 stores" https://lnkd.in/gXi5S7M Shame I wasn't still there, I would have liked to have attended that. These cookies provide a better customer experience on this site, such as by remembering your login details, optimizing video performance, or providing us with information about how our site is used. The company also announced its plans to re-organise its operations in their bigger stores. Dixons Carphone - Email & Phone of top management contacts - EasyLeadz Look for the field Company ID. Certain statements made in this announcement are forward-looking. This will also allow us to drive improvements in the sustainability of our supply chain, enabling us to make a significant impact to our own carbon footprint and in turn, that of our customers, helping them make more sustainable choices., Lazar Armianov, Regional Sales Director at EcoVadis, added:Dixons Carphone is dedicated to helping its customers make informed decisions based on the sustainability of products and suppliers. The company was founded on August 6, 2014 and is headquartered in London, the United Kingdom.