AO expects 11% revenue growth with profits at top end of guidance
AO World has revealed that group revenue is expected to have increased by around 11% in the year to 31 March 2026.
In its full year post-close trading update, the electricals retailer said adjusted pre-tax profit is expected to be in line with its upgraded guidance, at the top end of £45 million to £50 million, despite material cost headwinds.
Subscribe to TRBBusiness-to-consumer revenue is expected to grow by around 9.5%, supported by market share gains across all key categories.
In light of events in the Middle East, AO confirmed it has hedging arrangements in place covering approximately 80% of forecast fuel usage and 100% of electricity usage for its current financial year.
John Roberts, AO founder and chief executive, said: “The numbers speak for themselves again and I am delighted to keep doing our talking on the pitch.
“Our shared economics strategy and membership model, built on the foundations of brilliant retail basics, continues to deliver results.
“We continue to build momentum and all key metrics continue to improve, with an exciting pipeline of new initiatives ahead.”
AO added that in the coming weeks it will become the first company globally to reach one million Trustpilot reviews with a 4.9 rating.
