Carphone announces figures and plans

The Carphone Warehouse has announced its quarterly trading update for October, November and December 2008, as well as revealing its plans for the next 15 months. UK like-for-like revenue (compared with the same period in 2007) was up 8.3%, with European like-for-like revenue up 6.5%. In the next 12 months it plans to open the first Best Buy 'big box' stores in the UK and will be conducting an efficiency review alongside its current structural review. [Press release]