Carphone Warehouse 2009 Annual Report Download - page 5

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Highlights
Highlights
Introduction
www.cpwplc.com 1
Consistency
in times of
uncertainty
Our business was built on brave
decisions. Our success has been
the product of good timing and good
judgement. The last  months have
properly tested that formula.
However, we are confident that we
have made further substantial progress
in the pursuit of long-term value
creation. The deal with Best Buy, the
evolution of our retail proposition and
the Big Box consumer electronics
opportunity can transform the scale
of our retail operations; in our telecoms
business, the investments of the
last five years are now beginning to
pay back, with significant cash
generation in the years to come.
We will continue to focus on trying
to make the right decisions rather
than the quick decisions.