The cell phone and electrical merchandise retailer additionally said it would close 92 of its in excess of 700 Carphone Warehouse independent stores this year.
It expects pre-impose benefits for 2017-18 to be £382m, however it predicts benefits will tumble to £300m in 2018-19.
CEO Alex Baldwin said "no one is content with our execution" however the issues were all "fixable".
The organization faulted "challenges in UK portable" for its issues, including "legally binding limitations, for example, individuals not restoring their handsets as often as possible.
Net revenues in its electrical business were additionally imprinted in the final quarter since individuals were purchasing less beneficial things, for example, white products like clothes washers.
Be that as it may, add up to deals were 3% higher in the year to 16 April, while like-for-like deals were up 4%.
In the UK, deals grew 2% for the year all in all, and by 1% in the final quarter.
The worldwide division improved the situation, with like-for-like deals in the Nordics up 9% in the year and Greece up 11%.
'Bounty to settle'
Mr Baldock, who assumed control as gathering CEO not long ago, said the global business was "healthy" so "we're concentrating early activity on the UK".
"We won't endure our present execution in portable, or as a gathering. We know we can complete a ton better," he included.
"Two months in the business have solidified my positive thinking about Dixons Carphone's long haul prospects. I've discovered extraordinary qualities, and however there's bounty to settle, it's all fixable."
Neil Wilson, boss market examiner for Markets.com, portrayed the benefits cautioning as "troubling" however concurred the issues were "all altogether fixable".
"Dixons looks somewhat fat, and the market is similarly as delicate, yet there ought to be some simple wins as far as making it more slender, particularly around store terminations," he included.
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