UK's AO World soars after profit outlook upgrade, launches 10 mln pounds buyback

AO World

15/09/2025 08:20

** Shares of AO World AO.L jump 10.3% to 92p; tops FTSE midcap index .FTMC

** Co raises FY adjusted profit before tax outlook to 45–50 mln pounds ($61.0–67.8 mln) from prior range of 40–50 mln pounds

** Announces first-ever share buyback programme of up to 10 mln pounds

** YTD, stock down about 12%

($1 = 0.7374 pounds)

 (Reporting by Judes Joseph in Bengaluru)

 ((judes.joseph@thomsonreuters.com;))