Wednesday, 19 March 2008, 08:06 GMT
TV sales lift revenues at Comet
Kesa Electricals, the owner of the Comet chain, has thanked strong demand for flat screen TVs as it reported a 3% rise in like-for-like annual revenues.
The London-based pan-European retailer saw revenues for the year ending 31 January 2008 total £4.3bn.
Pre-tax profit at the company, which also owns European stores including Darty and Vanden Borre, fell slightly to £132.8m from £133m a year earlier.
Looking ahead, Kesa said it expects trading conditions to remain tough.
Revenues at the Comet chain were up 3.3% in the past financial year.
"Sales were helped by the continued high demand for new technologies, particularly flat screen televisions and laptops," said Kesa chief executive Jean-Noel Labroue.
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