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Carphone Warehouse, the first European distributor of mobile phones, publishes quarterly results above its forecast, thanks to smartphone demand, pushing up the stock price of more than 5%.

The British group showed some caution about the economic climate but said he was confident, however, achieve its goal for the year in April.

Of the thirteen weeks to July 3, the first fiscal quarter, sales in stores open at least a year rose 3.7% at constant exchange rates in the European market.

This increase is greater than analysts' forecasts that anticipated growth of 2%, according to a survey conducted by the company.

Carphone has also said that the three new stores opened since April in Britain under the name Best Buy have been successful had a "very positive", without giving figures.

Asked by Reuters about the economic outlook, the group general manager Roger Taylor said: "I am not a prophet of doom. But I do not presume to rapid growth, either."

The title gained 5.09% to 227 pence at 10h00 GMT, the FTSE 100 yielded 0.19%.

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