10 May 2012 Last updated at 06:07 ET

Currys owner Dixons reports stronger sales

Dixons owns Currys and PC World

The owner of Currys and PC World, Dixons Retail, has enjoyed a strong end to its financial year.

The company said sales for the 16 weeks to 28 April rose 8% in the UK and Ireland.

Dixons says full-year pre-tax profits will be between £65m and £70m, which is at the top end of expectations.

In its trading statement, Dixons said its Knowhow service, which installs and repairs products, had proved to be popular.

"Our overall group performance across the year has been slightly better than we anticipated. We saw a strong end to the year particularly in the UK and Nordics," said Sebastian James, Dixons' chief executive.

But like other UK firms, he warned that trading conditions remained difficult.

"The consumer environment remains uncertain in many of our markets and we continue to plan cautiously and manage costs aggressively."