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Carphone to partner Samsung on Europe stores

2014-01-29 09:43:27| Semiconductors - Topix.net

Carphone Warehouse, Europe's No. 1 independent mobile phone retailer, has signed a deal with Samsung Electronics Co Ltd that will see it operate over 60 Samsung stand-alone stores across the continent, it said on Wednesday.

Tags: partner stores europe samsung

Samsung follows Apple model with Carphone deal

2014-01-29 01:00:00| Total Telecom industry news

Mobile phones retailer to open 60 Samsung-only stores across Europe.

Tags: model deal samsung apple

Carphone waits for 4G phone boost

2014-01-21 09:09:48| BBC News | Business | UK Edition

Mobile phone retailer Carphone Warehouse reports a modest rise in revenue as many consumers hold off buying a new phone until 4G contracts are more widely available.

Tags: phone boost waits carphone

Carphone Warehouse meets outlook, forecasts further growth

2013-06-26 09:59:00| Telecompaper Headlines

(Telecompaper) Carphone Warehouse has reported results for its fiscal year to March in line with its guidance from April as well as announced the completion of its takeover of the rest of its retail business from Best Buy. In addition the company announced new partnerships to expand its footprint with Media Market/Saturn in the Netherlands and develop the Connected World shop-in-shops with the Metro retail group in Germany. At its main retail business CPW Europe, annual revenue was up 11.5 percent to GBP 3.694 billion, driven by postpay growth in the UK and the dealer businesses, particularly in Germany. Adjusted EBIT rose slightly to GBP 136.6 million from GBP 135.0 million a year earlier, in line with its guidance of 135-145 million. Group adjusted EPS was down slightly to 12.3 pence from 12.6 a year ago due to the share issue for the acquisition, but in line with the outlook. Following the completion of the acquisition of Best Buy's 50 percent of CPW Europe, group CEO Roger Taylor was named deputy chairman, and CPW Europe CEO Andrew Harrison becomes group CEO and joins the board. For the current year, Carphone expects the European market to remain challenging, but will continue to focus on postpay growth and build on demand for tablets and the expansion of 4G services for handset replacements. This should drive continued like-for-like revenue growth. Overall adjusted EBIT is expected to reach GBP 140-160 million for the year, while headline EPS is forecast at 17-20 pence.

Tags: growth meets warehouse outlook