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Carphone Warehouse sees retail sales rise 13%

Darren Murph

Who says everyone has to report bum quarters these days? The Carphone Warehouse -- which is only Europe's largest, most recognizable independent mobile phone retailer -- has just reported that retail sales during its most recent quarter were up 13 percent to just over £1 billion ($1.48 billion). Moreover, its connections were up 3% to 3.7 million and subscription connections rose 3% to 1.3 million, though revenues of its TalkTalk Group were down slightly (2%) to £347 million ($514 million). Still, bigwigs at the firm aren't ignorant to the market, noting that "weaker trading conditions" are likely to continue, and thus, affect future numbers. Still, we'd say these guys deserve a round of golf claps for just breaking into '09 in the black.

[Via mocoNews]

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