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Major Bolton firm returns to being 'highly efficiency growth machine'

Summary by theboltonnews.co.uk

A major Bolton firm has said it has returned to being a "highly efficiency growth machine", as it said profits have increased faster than sales

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theboltonnews.co.uk

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Major Bolton firm returns to being 'highly efficiency growth machine'

A major Bolton firm has said it has returned to being a "highly efficiency growth machine", as it said profits have increased faster than sales

4 days ago

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northernfinancialreview.com

Bolton’s AO World ‘a highly efficient growth machine’ – Northern Financial Review

Shares of Bolton-based electrical retailer AO World plc rose as much as 5% after it published a strong trading update for the 12 months to March 31, 2025. AO World also said it has appointed Mark Higgins to Chief Operating Officer, in addition to his existing role of Chief Financial Officer. “B2C Retail revenues are expected to increase by c12% YoY, with estimated LFL Group revenues expected to increase c7% YoY to £1.1bn, reflecting reductions i…

3 days ago

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business-live.co.uk

AO World profits rise twice as fast as sales after 'obsession' with customers

AO World has told markets that it expects retail revenue to increase by around 12 per cent in the 12 months to March 31, and that it is "back to being a highly efficient growth machine"

4 days ago·London, United Kingdom

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retailtimes.co.uk

UK’s most trusted electrical retailer AO.com reaches 4.9 rating on Trustpilot

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! AO.com’s position as the UK’s most trusted electrical retailer was boosted this week, after its Trustpilot score reached an incredible 4.9 from almost 750,000 reviews with 94% of customers rate AO as ‘good’ or ‘excellent’. The impressive rating not only keeps AO well above competitors including as Currys (4.…

4 days ago

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Retail Sector

AO raises full-year profit guidance amid LFL sales surge

AO has revealed that its adjusted profit-before-tax has grown in the region of 30%, and is expected to be around the top end of its previously upgraded guidance range of £39m to £44m for the year ended 31 March 2025. Alongside this, its B2C retail revenues are expected to increase by around 12% YoY, with estimated LFL Group revenues expected to increase around 7% YoY to £1.1bn. The company stated that this will reflect reductions in B2B and mobi…

4 days ago

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Retail Gazette

AO raises full-year profit forecast on 'strong' sales performance - Retail Gazette

AO World has once again raised its full-year profit forecast, with the electricals retailer predicting its adjusted profit before tax will come in at the top end of its previously upgraded guidance. The electricals retailer, which has enjoyed a 30% rise in profits, now expects adjusted PBT to be between £39m and £44m for the year ending 31 March 2025. This is in line with its earlier forecast, and comes as B2C retail revenues are expected to gro…

4 days ago

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