AO.com
This coverage examines AO.com’s operations and strategy within the UK retail and e-commerce market. Reporting highlights its online and delivery capabilities, product range, marketing campaigns, financial performance, and leadership decisions shaping its position in the electricals and appliances sector. Insights are tailored for retail professionals monitoring digital retail, logistics innovation, and competitive dynamics in home technology and appliances.
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Sep- 2024 -5 SeptemberDepartment Stores
John Lewis brings back ‘never knowingly undersold’ promise
John Lewis has announced it is to bring back its ‘never knowingly undersold’ price match promise just two years after it was originally scrapped. The department store chain said ‘never knowingly undersold’ is to be “reimagined” from next week (Monday, 9 September), giving customers the John Lewis assurance on quality,…
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Mar- 2024 -28 MarchNews
Today’s news in brief-28/3/24
AO expects to meet profit guidance, anticipating adjusted profit before tax to be at the top end of £28-£33m for the 12 months ending 31 March. Revenues are projected to reach £1.04bn, driven by positive trading in the core business through Q4 and the return of revenue growth for AO.com.…
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28 MarchElectrical
AO to meet profit guidance
Electricals retailer AO has announced that it expects to hit its previously pledged profit guidance with adjusted profit before tax expected to be at least at the top range of £28-£33m for the 12 months ending 31 March. According to its pre-close update, the group also anticipates its revenues to…
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Jan- 2023 -10 JanuaryElectrical
AO raises profit outlook despite 17% drop in Q3 revenues
Electronics retailer AO has raised its profit expectations for FY23 despite seeing a 17.2% decrease in revenues across its UK businesses in Q3. The company now expects its adjusted EBITDA to be between £30m to £40m for the full year. It also stated that its turnaround plan aimed at cutting…
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Sep- 2022 -9 SeptemberPeople Moves
AO.com appoints former Pets at Home CEO as NED
AO World has announced it has appointed Peter Pritchard as an independent non-executive director of the company and a member of both the Audit Committee and Remuneration Committee with effect from 1 October 2022. Pritchard was until recently CEO at Pets at Home plc, leading its transformation into the UK’s…
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Apr- 2021 -15 AprilOnline & Digital
AO World FY21 revenues hit £1.66bn as UK sales surge
Online retailer AO World has revealed its FY21 group revenues increased 62% to £1.66bn, thanks in part to a strong Q4 performance from its UK website. It comes as AO.com reported an 88% increase in year-on-year revenues in Q4 as the group welcomed an additional 2 million customers during the…
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