Core Insights - Currys has upgraded its full-year profit outlook following strong peak trading, with group profit before tax expected to be between £180 million and £190 million, representing an 11% to 17% year-on-year increase [2][5] Financial Performance - Group revenue rose 8% year on year to £4.2 billion, with adjusted EBIT increasing 32% to £54 million, resulting in adjusted EPS of £0.06 [4] - Free cash flow increased by 68% to £84 million, and closing net cash was reported at £133 million [4] - The company expects year-end net cash to exceed £100 million despite planned pension contributions of £82 million and shareholder returns of £75 million [1] Product Performance - Mobile sales were highlighted as a key growth area, with UK mobile sales up 10.6% and the iD mobile MVNO adding one million customers over the past two years [3] - Other strong-performing categories included coffee machines (up 31%), robot floor care (up 65%), and smart glasses (up 270%) [3] Margin and Cost Management - Gross margin percentage fell by 40 basis points in the first half due to inflationary pressures, but underlying gross margin improved during peak trading [6] - The company anticipates a high single-digit negative impact from the living wage in the next year, offset by a mid-single-digit upside from rates reform [8] Capital Allocation and Shareholder Returns - Shareholder returns in the first half totaled £46 million, including £16 million in dividends and £30 million in buybacks [7] - An interim dividend of £0.75 was declared, and a £50 million buyback program is set to restart [7] Strategic Focus - Currys' strategy emphasizes enhancing customer experience through omnichannel execution and colleague engagement, with a customer satisfaction NPS of 56 in the UK and 64 in the Nordics [9][10] - Services with recurring revenue rose 11% and now represent 30% of sales, with credit products accounting for 24% of UK sales [11] Market Dynamics - The Nordics market showed strong recovery, with inflation and interest rates under 2%, contributing to improved consumer confidence [13] - Currys' market share in the UK increased by 60 basis points during peak trading [14] B2B Expansion - Small and medium-sized business (SMB) customers currently account for 8% of sales, with B2B sales growing 21% in the UK and 25% in the Nordics [15]

Core Insights - Hainan Pulse Technology Co., Ltd. has been established with a registered capital of 1 million RMB and is represented by Wang Ruiying [1] Business Scope - The company is involved in various licensed and general business activities, including technology import and export, goods import and export, and import and export agency services [1] - General business activities include sales of smart home consumer devices, electronic products, security equipment, household goods, smart robots, hardware products, and various electronic components [1] - The company also engages in the sale of wearable smart devices, smart vehicle equipment, artificial intelligence hardware, and software development related to artificial intelligence [1] - Additional services include technical services, development, consulting, exchange, transfer, and promotion, as well as retail and wholesale of computer software and hardware [1]