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The Guardian - UK

Business

Mark Sweney

AO World says inflationary pressures are easing, as it returns to profit

AO World Inflation

An AO van in London in 2021 — As part of the restructure, AO World shut its German operation and cut back on the product lines offered for sale. Photograph: Dinendra Haria/SOPA Images/Rex/Shutterstock

AO World has said inflationary pressures are easing, as the UK online electrical goods company bounced back to profitability after a big restructure, including “significant” job cuts.

The founder and chief executive of the company, which sells kitchen appliances, mobile phones, TVs and laptops for home delivery, said inflationary pressures had “levelled out” over the last year.

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