AO World
This coverage examines AO World’s strategic performance within the UK electricals retail sector. Reporting focuses on its FY25 results, which include a 12% increase in B2C retail sales and a record £45m in adjusted pre-tax profit, driven by cost efficiencies and the growth of its membership programme. Coverage also explores AO’s acquisition of Music Magpie, customer retention strategies, and its navigation of rising labour costs and macroeconomic challenges. These insights are tailored for retail executives, brand managers, and professionals monitoring digital retail, consumer electronics, and operational resilience.
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Nov- 2020 -17 NovemberClothing & Shoes
Boohoo appoints chair of audit committee
Boohoo has announced the appointment of Shaun McCabe to its board as an independent non-executive director, where he will assume the role of chair of the audit committee. Following his appointment, which takes place with immediate effect, he will also sit on the group’s remuneration and nomination committees. McCabe brings…
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Oct- 2020 -15 OctoberOnline & Digital
AO World H1 revenues surge 57%
Online retailer AO World has reported a 57% increase in revenues for the six month period ending 30 September 2020. In an interim trading update AO World said it expects group revenue for the period to be £715m. It also revealed that UK revenue increased by 54% and in Germany…
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Jul- 2020 -14 JulyOnline & Digital
AO World reports ‘strong demand’ as revenues rise
AO World said it has experienced “strong demand” during the coronavirus pandemic, reporting a 20.3% increase in revenues to £901.6m, compared with £79.3m in 2019. However, revenues from its Europe arm decreased by 4.6% to €165.4m (£149.70m) during the year ended 31 March 2020, compared with €173.3m (£156.85m) in the…
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May- 2020 -12 MayOnline & Digital
AO expects full year revenues will be in line with expectations
Online electricals retailer AO World has said that it expects its full-year revenues and adjusted EBITDA to fall within the range of “analyst expectations”. The online retailer is aiming to release its preliminary results for the year ending 31 March in July this year, as it will expect to have…
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Nov- 2019 -19 NovemberOnline & Digital
AO World closes Netherlands arm amid losses of £6.2m
AO World has reported an underlying loss of £6.2m compared to £5.4m last year, resulting in the business to pull out of The Netherlands, less than four years after its launch. The online electricals retailer’s half year report for the period ending 30 September stated a statutory pre-tax loss of…
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Jun- 2018 -5 JuneElectrical
AO World reports profitability on track for 2021 despite heavy losses
AO World has insisted it is still on track to be profitable by FY21 despite reporting a group operating loss of £16.2m up from £12m the previous year. The online electronics retailer has posted its full-year results for the period ending 31 March in which adjusted EBITDA was -£3.4m, a…
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