Dixons pretax profit for year rose 11%, beating forecasts

Article Abstract:

Dixons Group PLC reported profit for the year a little ahead of expectations but stock fell because of forecasts for slower growth, weak margins, and uncertainty about the company's intentions for its 80% share of Freeserve PLC. Underlying pretax profit at the electric retailer increased 11% to GBP263.7 million (Euro419.7 million) in the year ended 4/29/00.

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Dixons Group to Buy Elkjop of Norway

Article Abstract:

United Kingdom's Dixons Group PLC, which sells electrical products, will acquire Norways Elkjop ASA for 702.2 million in Euro dollars. The Dixons deal creates stronger competition for rival Kingfisher PLC.

Asset sales & divestitures, Acquisitions & mergers, Norway, Appliances, Radio & TV Whsle, Electrical Appliance, Television, and Radio Set Wholesalers, Electrical appliances, TV & radios, Mergers, acquisitions and divestments, Consumer electronics industry, Wholesale industry, Wholesale trade, Electric equipment wholesalers, Elkjop ASA

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Dixons pretax profit rises 37%

Article Abstract:

Dixons PLC posted an increase of 37% in its pretax profits for the 12 months ending April 2001. The company posted 647 million pounds (1.07 billion euros) in pretax profits for the period.

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