DSG declares pretax loss of €5m as revenues fall 4% to €142.2m

DSG Retail Ireland Ltd, the company behind Currys and PC World, made a pretax loss of €5 million last year as revenues from the…

DSG Retail Ireland Ltd, the company behind Currys and PC World, made a pretax loss of €5 million last year as revenues from the sale of its electronics continued to slide.

Accounts just filed show that revenues fell by 4 per cent to €142.2 million in the 12 months to April 30th last. This follows cumulative losses of €16.3 million in 2010 and 2009.

Revenues slipped €6 million in spite of two new stores opening in Ireland last year. Employee numbers increased from 659 to 682.

DSG Retail specialises in the sale of high technology consumer electronics, personal computers, domestic appliances, photographic equipment, communications products and related services.