sector: Cyclical Consumer Goods & Services ·
industry: Retail - Computers & Electronics ·
As of
3:03pm IST
196.10GBp
The Carphone Warehouse Group PLC comprises two businesses: Carphone Warehouse and TalkTalk Group. Carphone Warehouse is the Company’s retail and distribution business and is independent retailer of mobile phones and services in Europe with over 2,400 stores in nine countries. TalkTalk Group is the Company’s fixed line business and is broadband provider in United Kingdom serving over 3.9 million fixed line customers comprising 2.8 million broadband and 1.1million voice-only and narrowband customers. Best Buy Europe, in which the Company has 50% share, encompasses its retail operations across Europe. The Company sold 50% of its retail and distribution business during the fiscal year ended March 31, 2009. In March 2009, the Company sold The Phone House (Proprietary) Limited to eTelecare Global Solutions. On July 3, 2009, TalkTalk Group completed the acquisition of Tiscali's United Kingdom operations.
BRIEF: For the fiscal year ended 31 March 2009, The Carphone Warehouse Group PLC's revenues decreased 3% to £1.39B. Net loss decreased 36% to £41M. Revenues reflect decrease in income from TalkTalk Group and lower income from United Kingdom region. Net loss was offset by a decrease in cost of sales, an increasing operating expenses, an increase in depreciation expenses and an increase in amortisation expenses.
Carphone Warehouse Group PLC
1 Portal Way
London ENG W3 6RS
P: +44020.88965000
F: +44020.88965005