Mobile phone retailer Carphone Warehouse has raised its full-year profit forecast for the third time in six months. The company said it expected net profit for the year to the end of March to be about £47m, more than the £40m-£45m it indicated in January. It said cost cuts and strong sales of smartphones were driving profit growth. The firm also said it expected strong growth at its joint venture with US group Best Buy.
The above article was extracted from Skyline updates of Skyline College. Skyline College is amongst the top MBA and BBA institutes in Delhi, Gurgaon (NCR).
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