'Supersize' TV sales shoot up thanks to Euro 2024

The sales boost for Currys came as the retailer reported an annual profit of 28m, following a huge 462m loss the year before. The company, which has 719 stores across northern Europe selling fridges, washing machines, TVs, computers and other electrical goods, said it had saved hundreds of millions of pounds in the past few years by cutting costs across its UK and Ireland operations. Mr Baldock said the retailer expected technology powered by artificial intelligence (AI) to be the "most exciting new product cycle" since tablets first hit the market in 2010. He said consumers were drawn to AI products, particular PCs and phones, for features such as enhanced photography, language translation and extended battery life. Russ Mould, investment director at AJ Bell, said: "Currys has joined the bandwagon to hype up opportunities with AI.