Tag Archive: AO

AO delays results as profits look set to take a pounding

Online retailing giant AO has announced that it expects its full-year profits to plummet from £64 million in 2020 to just £8m in 2021/22. [4-5-2022]

Brits don’t believe their appliances will last, says AO survey

Only one-in-20 Brits own an appliances over 10 years old despite claiming they want to buy sustainable products that last a long time. [27-10-2021]

AO opens first in-store experience

Online appliance giant AO has opened its first in-store experience centre in Greater Manchester as part of its strategy to reach a wider audience. [28-10-2020]

AO.com trials new appliance rentals service

AO.com has said its customers can now rent a washing machine for as little as £2 a week as part of a new rentals' service it is trialling. [2-4-2019]

AO share shock after surprise leadership change

Shares in internet appliance retailer AO fell after the company said that chief executive Steve Caunce would be stepping down with immediate effect. [1-2-2019]

Black Friday gives AO a happy Christmas

Online appliance retailer AO has reported record monthly sales for November last year thanks to popular Black Friday deals. [11-1-2019]

AO UK profits take a tumble on tough white goods market

AO World is betting that trading over the next six months will help the household appliance online retailer meet full-year profit expectations after a “disappointing” half-year performance. [23-11-2018]

AO year reports ‘strong start’ to the year

AO has reported a “strong start” to its current financial year, with 8% sales growth in the UK in the three-month period to the end of June. [19-7-2018]

Losses widen at AO despite revenue growth of 13.6%

Profits continued to elude AO World (AO) in its 2017/2018 financial year, despite the fact that revenues were up 13.6% to £796.8 million (from £701.2m). [7-6-2018]