Carphone Warehouse releases yearly results


Carphone Warehouse has announced that in the year to 31st
March revenue grew 11.5 percent to £3,694 million, while like-for-like sales
were up 4.6 percent for the full year. The year also saw the business acquire
Best Buy’s 50 percent stake in Carphone Warehouse Europe. Following the buyout
of Best Buy’s stake in Carphone Warehouse Europe, Roger Taylor, chief executive
officer, will become deputy chairman and Andrew Harrison, who has been chief
executive officer of Carphone Warehouse Europe, will become chief executive
officer of the Group.

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