Currys PLC (LSE:CURY) shares surged 13% to 101p after the electrical goods retailer said it expects annual profits to be higher than current expectations, following "robust" trading in since the start of January.
The FTSE 250-listed chain said there had been positive like-for-like sales growth in the UK & Ireland and the Nordics.
Group adjusted profit before tax is now expected to be around £160 million for the year to 3 May 2025, above its previous profit outlook of £145-155 million.
It said cash levels are also likely to be "strong" at the fiscal year end.
The FTSE 250 group's previous January update had also seen profit guidance upped, following strong trading over the peak Christmas period, though at that time growth in the Nordics market was said to be "soft".
Analysts at Shore Capital said the Nordic market has been a drag on group sales for the past three years, "so it is highly encouraging to see this region return to growth".
The shares jumped above 100p for the first time since 2022.
** Update: Adds share price and analyst comment **