The gathering said its "benchmark" hidden pre-charge benefit for the year to 27 February was down 28% to £94.7m in the midst of extreme exchanging and expanded venture.
Argos has been taking off quick track home conveyance and store accumulation administrations.
Be that as it may, as for-like deals fell 2.6%, predominantly because of falling interest for electrical products, for example, TVs, tablets and white merchandise.
Main concern results for Home Retail Group were hit by a £852m bookkeeping charge identified with the Sainsbury's takeover pushing it into a pre-charge loss of £804m.
The gathering's CEO John Walden conceded that Argos' execution throughout the year had been "baffling" however said he was satisfied with the advancement of its change.
He said: "There is more work to do, yet large portions of the building squares are currently set up."
The gathering's takeover by Sainsbury's was concurred not long ago . It is relied upon to finish in the second from last quarter of this current year expecting no significant intercession by the Competition and Markets Authority .
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