Jun 20, 2019

Dixons Carphone: strong signals

Dixons Carphone investors will know only of the former. Dixons is contending with a one-two hit of structural shifts: the move online for electricals retailing, and a slowdown in handset sales at its mobile phone division. Freedom from these network deals by 2021 should allow Dixons to focus on the customer finance it thinks will drive future profits. Hardy investors who believe in the longevity of UK retailing should consider Dixons Carphone. Will Dixons Carphone return to paying dividends next year? Or is that wishful thinking? The Lex team is interested in hearing more from readers.

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