AO hails ‘good momentum’ as it expects to hit profit guidance

AO delivery van on residential street

Electricals retailer AO said today it expects to hit its previously pledged profit guidance and surpass £1bn in sales for the full year.

AO said in a pre-close update that it expects adjusted profit before tax to be “at least at the top of the previously guided range” of between £28m and £33m.

Revenues for the full year to March 31, 2024, are also anticipated to reach £1.04bn.

 

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