Dixons Carphone to report profits slump as mobile market falters

A consensus of City analysts expect the firm to report a colossal 56% fall in underlying pre-tax profits to £63 million.

Dixons Carphone trading update

By Ravenders

Dixons Carphone is expected to report a slump in half-year profits this week as the retailer counts the cost of falling consumer confidence and a weaker mobile phone market.

A consensus of City analysts expect the firm to report a colossal 56% fall in underlying pre-tax profits to £63 million on Wednesday.