Carphone Warehouse has upwardly revised its earnings forecast, after a better-than-expected first-half performance.
In its latest market reports, Europe’s largest mobile phone retailer announced that pre-tax profit for the six months to September 30th hit £75 million.
This represents a year-on-year increase of 88 per cent. Revenues for the same period hit £789 million – a rise of 13 per cent.
A strong showing was also recorded by the company’s joint venture with US giant BestBuy as well as its broadband division TalkTalk, which saw a 48 per cent rise in its customer base.
Chief executive Charles Dunstone said: "Each business has delivered a significant year-on-year improvement."
Carphone recently confirmed it was temporarily withdrawing the Sony Ericsson Satio from sale in response to a number of customer complaints relating to a software glitch.