Electrical
AO raises profit outlook despite 17% drop in Q3 revenues
AO made a pre-tax loss of £12m for the six months ended September 2022, up from £4m compared with the same period last year
![](https://b855165.smushcdn.com/855165/wp-content/uploads/2020/10/AO-Logistics-vans-895x540.jpg?lossy=1&strip=1&webp=1)
Electronics retailer AO has raised its profit expectations for FY23 despite seeing a 17.2% decrease in revenues across its UK businesses in Q3.
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