Picture of AO World logo

AO. — AO World News Story

0.000.00%
gb flag iconLast trade - 00:00
Consumer CyclicalsBalancedMid CapNeutral

British retailer AO World raises annual profit forecast

Nov 25 (Reuters) - British electronics retailer AO World AO.L raised its annual profit forecast on Tuesday, supported by robust demand for essential household appliances in its core consumer-facing business.

The company now projects its pre-tax profit to be around the top end of its previously guided range of between 45 million pounds and 50 million pounds ($58.96 million to $65.52 million) for the year through March 31.

($1 = 0.7632 pounds)

 (Reporting by Raechel Thankam Job in Bengaluru; Editing by Sherry Jacob-Phillips)

 ((RaechelThankam.Job@thomsonreuters.com;))

Recent news on AO World

See all news