DSG International, which owns electrical chains PC World and Curry's, has announced steady trade marred only by sales performances in Italy.
Europe's biggest electrical retailer said this morning that total group sales were up three per cent compared to like-for-like figures from the same trading phase last year.
The group was also boosted by online sales over the festive period, which accounted for ten per cent of the total group sales.
Popular technological Christmas gifts such as high definition flat panel televisions, laptop computers and iPods helped the group to have a positive festive trading.
However, like-for-like sales at UniEuro in Italy were down ten per cent to £306.6 million. Political uncertainty, proposed economic reforms and a subdued economy were all said to have impacted upon consumer confidence in the region.
John Clare, group chief executive of DSG International, said: "We expect to be able to deliver good progress in most of our major businesses this year, however, progress on last year's underlying profit before tax will be offset by the very disappointing year in Italy."
Digg 
Delicious 
Reddit 
StumbleUpon 
Google 
Technorati 
Netvouz