UK's Currys gains on H1 profit, annual profit growth forecast
** Shares of British electrical retailer Currys CURY.L up 8.1% at 85.1 pence; top gainer in the FTSE mid-cap index .FTMC
** Co posts H1 adjusted profit before tax of 9 mln pounds ($11.5 mln) versus a loss of 16 mln pounds last year
** Maintains annual profit growth forecast despite warning that price hikes were inevitable after government's tax-raising budget
** H1 revenue rises 2% at constant exchange rates to 3.9 bln pounds; like-for-like sales grow 2%
** Looking ahead, we're confident of continuing our progress, and expect to grow profits and cashflow as promised this year - CEO Alex Baldock
** As of last close, Currys stock up 56.4% YTD
($1 = 0.7836 pounds)
Reporting by DhanushVignesh Babu in Bengaluru
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