UK's Ao World Expects Annual Profit at Top End of Forecast Range
Published by Global Banking & Finance Review®
Posted on April 10, 2026
1 min readLast updated: April 10, 2026
Add as preferred source on GooglePublished by Global Banking & Finance Review®
Posted on April 10, 2026
1 min readLast updated: April 10, 2026
Add as preferred source on GoogleAO World, the UK online electronics retailer, expects its adjusted pre‑tax profit for the fiscal year ending March 31 to land at the top of its £45 million–£50 million guidance, driven by market share gains, expanded product range and a strong membership model.
April 10 (Reuters) - British electronics retailer AO World said on Friday it expected annual profit at the top end of its forecast range, after gaining market share across all key categories in its consumer‑focused business.
AO, which sells products such as tumble dryers and televisions, has been expanding its product range and benefiting from demand driven by its discounted membership model, which is expected to have lifted total revenue growth to about 11% in the 12 months to March 31.
The company now expects adjusted profit before tax for the fiscal year to be at the top end of its forecast range of 45 million pounds to 50 million pounds ($60.38 million to $67.08 million).
($1 = 0.7453 pounds)
(Reporting by Raechel Thankam Job in Bengaluru; Editing by Subhranshu Sahu and Mrigank Dhaniwala)
AO World expects adjusted profit before tax at the top end of its forecast range of 45 million to 50 million pounds.
AO World's total revenue growth is expected to be about 11% in the 12 months to March 31.
AO World sells electronics such as tumble dryers and televisions, and has been expanding its product range.
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