Electrical retailer Dixons shrugged off a sharp downturn in the mobile phone market as it rang up a seven per cent rise in underlying profits.
A surge in demand for widescreen televisions and DVDs helped the retailer overcome a fall in sales of handsets.
Sales at the group's mobile phone chain The Link were down by 18 per cent in the year to April 27 after the boom in the market two years ago.
But the group's Currys and PC World divisions both registered gains despite weakness in the personal computer sector.
Total sales across the Dixons group increased by five per cent to £4.9 billion while like-for-like sales were unchanged. Pre-tax profits for the year hit £297.2 million before one-off items, up from £277.8 million in the previous year.
Sales of televisions, games consoles and personal computers were all ahead in May.
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