AO reports £11.6m loss

AO reports £11.6m loss

Online electricals business AO has posted a loss of £11.6m for the half year to September 30th. Revenues had fallen to £546.3m as compared with the same period last year when it had posted £660.6m.

The business remains positive saying that it has been making solid progress and that its full-year sales are expected to reach its target with profits around the top end of its previous forecasts.


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