Shares in DSG International were up on the FTSE 250 and are a recommended "buy" ahead of tomorrows preliminary results, which are expected to show a significant rise in pre-tax profit.
In May the group reported a rise in second half like for like sales of three per cent in Britain and Ireland. In the group's Nordic operations DSGi reported same store sales growth of 16 per cent.
Total like for like sales were reported as rising by six per cent in May.
Tomorrow's results are expected to show a rise in pre-tax profit of 81 per cent to around £91.4 million, driven mainly by cutting costs and higher sales.
Keith Bowman, analyst at Hargreaves Lansdown said, "With the group viewed as providing a high level of operational gearing i.e. a small increase in sales generates a sizeable increase in profits - market consensus currently denotes a buy ahead of the results".
By 14:29 shares in DSGi were up 0.80 per cent on the FTSE 250 to 27.64 pence per share.