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Full Year 2021 Dixons Carphone PLC Earnings Call - Q&A Session Transcript

Jun 30, 2021 / 08:00AM GMT
Release Date Price: $1.88 (+6.21%)
Alex Baldock
Dixons Carphone PLC - CEO

Thanks, [Fecita]. Good morning, everybody. Usual format. We'll give you -- I'll give you a quick run through, upfront, and then Jonny and I would be happy to take your questions.

We are pleased with the strong performance, and this is now a stronger business. Obviously good sales, profit, free cash flow growth, a net cash business now on the balance sheet, and with continuing strong trading, we're in a good place. How we've done that: first of all, we think we've seen a structural shift in the technology market. And second, we are making the most of it. So that the shift in the technology market -- the market now about 1/4 bigger than it was two years ago, and we expect a big chunk of that growth to stick.

Over 3/4 of our customers are telling us that technology is playing a bigger role in their lives now, whether it's staying connected, productive, healthy, or entertained. And some of the trends driving that are here to stay. Whether it's half of UK office workers heading into hybrid working or whether it's in-home entertainment, gaming, now

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