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AO (Financials)

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AO’s renewed focus on profitability continued to pay off in the year to end-March 2024 (FY2023). The electricals specialist reported “good progress” in its profit performance despite a decline in sales. Total sales fell 8.7% year on year to £1,039.3m in FY2023, from £1,138.5m the previous year, which management said ...

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