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● Key Highlights Strong UK market share gains , mitigating industry - wide supply chain challenges • Maintaining previous profit expectations despite a softer market in the Christmas run - up • Strong colleague engagement and customer satisfaction continues • Now under one market - leading brand in each country with successful move to single ' Currys ' brand in UK & Ireland • One of only two UK retailers to receive ' A ' score from CDP for our work to combat climate change Financial Performance Group LFL ( 1 ) % ( Yo2Y + 15 % ) Group total Revenue ( 2 ) % ( Yo2Y + 2 % ) Group adjusted Profit before tax £ 48m ( H1 2020/21 : £ 40m , H1 2019/20 : £ 2m ) Group Profit before tax £ 48m ( H1 2020/21 : £ 45m , H1 2019/20 : £ ( 86 ) m ) • Free cash flow £ 185m ( H1 2020/21 : £ 499m , H1 2019/20 : £ 77m ) • Period end net cash £ 250m ( H1 2020/21 : £ 269m , FY 2020/21 : £ 169m ) • £ 75m share buyback commencing in January , interim dividend of 1.00p declared ● currys ● ● 15 December 2021 Unaudited Results for the Half Year Ended 30 October 2021 Strong trading and cash generation as strategic progress continues We Help Everyone Enjoy Amazing Technology All figures are year - on - year unless stated . There are a number of non - GAAP measures and alternative profit measures " APMs " discussed within this announcement . Adjusted results are consistent with how business performance is measured internally and presented to aid comparability of performance . Refer to the glossary and definitions section set out at the end of this report for further details on definition , purpose , and reconciliation to nearest statutory measure as well as information on the restatement of the comparative interim results announced on 8 October 2021 . Alex Baldock , Group Chief Executive " We've had a strong first half of the year . We grew colleague engagement and customer satisfaction , gained market share and stabilised gross margins in the UK , grew profits and generated strong cash flow . Technology is now more important than ever to people's lives , and we're best - placed to make the most of that . More and more , we are doing so . We have strategic clarity , aligned behind a common purpose : " We Help Everyone Enjoy Amazing Technology " . We're a simpler , more focused business , and have completed the hardest yards of our transformation , with big legacy issues now behind us , and the pandemic so far successfully navigated . Our big international business has continued to shine , and we can now put our weight behind a single , market leading brand in every country . Above all , we're showing that in technology retail omnichannel wins . Yes , more customers are shopping online , and our hard work to build a strong online business has seen us thrive here . But most customers buy tech through both online and stores , our sweet spot , where we've worked hard to build on our strengths . That's paying off . Our market has been softer over recent weeks , and we may face into further headwinds from omicron and associated restrictions , but the stronger business we've built can ride out both the industry - wide disruption to supply chains and bumpy demand . After the strong first half , we remain on track to meet the expectations we set out a month ago for full year adjusted PBT of around £ 160m . We owe all this to our tens of thousands of capable and committed colleagues , 16,000 of whom will receive £ 1,000 of free shares in February , as we continue to make all colleagues shareholders . It's their skill and will that's keeping us on track for another successful year , and that's transforming Currys into a business to be proud of . I'm proud to be their colleague . " 1