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Dixons Carphone profits warning..Neil Wilson of ETX Capital explains

A full year profits warning for Dixons/Carphone (LON:DC) has led to a loss of almost a third of its market value today but why? Neil Wilson explains that the heavy hitters are away and the L Platers are in charge, so volumes are low, which partly explains the drop.

However, behaviour other words, customers holding on to handsets for longer not to mention recent EU legislation affecting data roaming charges have still had an impact and Neil tells us what Dixons/Carphone intend to do to offset that shift.

All eyes are now on the launch of the new iPhone 8 and other retail products to boost profits once again..and perhaps a return from exotic locations to desks for a stabilising influence to put this profits slide on hold.

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