By Daniel Hunter

Dixons and Carphone Warehouse have both announced a rise in profits ahead of their proposed merger.

Dixons reported pre-tax profits of £133m for the year to the end of April, up 53% from £86.6m in the previous year.

Carphone Warehouse’s pre-tax profits grew from £3m to £67m in the year.

In May, the firm’s announced their intentions to merge in a deal worth £3.8bn which would create Dixons Carphone. The deal was approved by the European Commission yesterday (Wednesday).

Dixons said the sale of televisions ahead of the World Cup and white goods had boosted its profits.

Join us on
Follow @freshbusiness

powered by Typeform