Alex Baldock, group chief executive of Currys, stated, "These will add cost quickly and materially, depress investment and hiring, boost automation and offshoring, and make some price rises inevitable."
He emphasized, "despite new and unwelcome headwinds from UK government policy, we are still expecting to see a growth in profits."
Aarin Chiekrie, equity analyst at Hargreaves Lansdown remarked, "Compared to recent history, Currys had an electric start to the year, with both first-half revenue and profit moving higher."
Baldock noted the rising demand for AI laptops, saying, "we enjoy over 75% market share in the UK."
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