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AO. — AO World News Story

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UK's AO World jumps on lifting FY profit forecast again

** Shares of British electronics retailer AO World AO.L up almost 8% at 107p

** Stock on track for best day since September 15
** Co raises its annual profit forecast for the second time in three months after robust H1 results, driven by market share gains in its core consumer-focused business

** Now expects FY adjusted PBT near the top-end of its 45-50 million pounds ($59-$65.6 million) forecast range

** YTD, stock has risen 2.5%

($1 = 0.7623 pounds)

 (Reporting by Akshaya V)

 ((akshayav@thomsonreuters.com))

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