Thursday 25 June 2009

DSGi Q4/09

After yesterday's results from Kesa, today it's the turn of DSGi.

DSGi's sales for the year ending 2nd May 2009 were down 1% to £8.2bn, although like-for-like sales were down 9%. In the UK and Ireland, where DSGi makes over half of its annual turnover, sales were down by 11%. But, the eCommerce division - that's dixons.co.uk and PIXmania - increased sales from £652.3mn to £807.4mn [dixons.co.uk will transition onto the PIXmania e-merchant platform in the current fiscal year, and this is expected to help grow the business further].

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