Yesterday’s results from Currys (LON:CURY) were very well received by the market, with its shares shooting up 17.28% in reaction.
The headline being grabbed in the media is that the group has an extra £32m of costs to its operations following the latest Budget increases.
On the face of it the well-copied headlining of that note by the company is too negative a response.
However, the group’s accompanying statement with the Interim Results was very positive and, in my view, totally illustrates its potential over the next year or so.
I believe that yesterday’s...
