Half Year Results 

Dixons cuts dividend and swings into red

Dixons cuts dividend and swings into red

Shares in Dixons Carphone (DC) plunged by a tenth after the retailer said it would cut the full-year dividend by around 40 per cent, and that it had swung into the red at the half-year stage – despite a 2 per cent rise in like-for-like revenues.

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