Kesa dented by losses at Comet
The former owner of electricals retailer Comet has racked up losses of £250 million after counting the cost of its exit from the UK high street.
Kesa Electricals reported full-year operating losses of 20.1 million euros (£16.2 million) for Comet, which it sold to a retail turnaround firm for £2 in February, as well as other restructuring costs linked to the disposal.