Retailer reports growth in tablet and contract sales over Christmas while prepay remains weak
Carphone Warehouse’s UK revenue grew by 16 per cent year on year for the third quarter of its financial year.
In its interim management statement for the three months up to the end of December, the retailer reported its growth came mostly from its contract sales with pre-pay showing a decline of 15 per cent year on year, although the retailer said this had been a slight improvement on the declines seen in the sector during the previous quarters of the year.
Although not broken down into country-specific statistics, the firm reported that overall tablet sales had grown strongly and non-cellular products now represent around 9 per cent of its total revenue.
Carphone CEO Roger Taylor said: “I am delighted with the performance of our UK business over the Christmas quarter, with like-for-like revenues up 16 per cent, building on the momentum seen in Q2.
“We substantially grew market share in both prepay and postpay, and gained authority in tablets. This reflects extremely well on our team and on our policy of investing in our proposition to give our customers compelling offers on smartphones and tablets.”