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Dixons boss: 'Fun white goods' boost success

Dixons Retail, the owner of Currys and PC World, has reported a loss after being hit by costs from its troubled online outlet Pixmania.

It posted an annual pre-tax loss of £115.3m, after being hit by asset writedowns and restructuring charges, mainly relating to Pixmania.

However, stripping out one-off costs, underlying pre-tax profits increased by 15% to £94.5m.

Speaking to the Today programme's business presenter Simon Jack, Sebastian James, chief executive of Dixons group, said that some of Dixons' success was down to making white goods "more fun and more exciting".

He also said he was "reasonably pleased" with the company's recent performance.

First broadcast on BBC Radio 4's Today programme on Thursday 20 June 2013.