Dixons Carphone is ‘well prepared’ for no-deal Brexit
The group, which imports most of its goods from Asia, has worked with suppliers to ensure products will keep flowing
London — Dixons Carphone, Britain’s biggest seller of electricals and mobile phones, says it is in good shape to operate effectively in all Brexit scenarios, including the country leaving the EU without a deal. Business leaders have warned of chaos at ports if the UK does not agree on terms for its withdrawal from the EU, now just more than two months away. “We can’t rule out that there might be some form of interruption. If there is, we are as well prepared as we can possibly be,” finance chief Jonny Mason said on Tuesday after the company updated on Christmas trading. He said the group, which imports most of its products from Asia, has worked with suppliers to make sure products will keep flowing. “Some of them have brought stock into the country so that it’s closer to where it needs to be for us,” he said. CEO Alex Baldock said Dixons Carphone’s size gives it an advantage. “Because of the market leadership positions that we’ve got … we matter a lot to our suppliers,” he said. “To...
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