Get all your news in one place.
100's of premium titles.
One app.
Start reading
Birmingham Post
Birmingham Post
Business
Jon Robinson

AO raises expectations despite half-year losses widening and cost of living warning

AO has raised its expectations for the future despite its losses widening during the first half of its current financial year.

The Bolton-headquartered online electricals retailer said the six months to September 30, 2022, "represented solid progress in the plan to pivot the business to focus on profit and cash generation".

It added that as a result, its full-year sales are forecast to hit its target while profits are expected to be around the top end of previous estimates.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.