AO World, Business, Annual results Business | The Guardian
Annual pre-tax profits climbed 186% to £34.3m, lifted by wet weather and TV upgrades for Euro 2024Business live – latest updatesThe online electrical goods seller AO World has enjoyed a near-tripling of profits thanks in part to booming tumble dryer sales during the wet winter and televisions for Euro 2024.Revenues at the retailer, which sells 15% of all domestic appliances in the UK, were also bolstered by the continued popularity of air fryers, with the company attributing this to customers looking for a cheaper alternative to takeaways amid the cost of living crisis. Continue reading…
Annual pre-tax profits climbed 186% to £34.3m, lifted by wet weather and TV upgrades for Euro 2024
Business live – latest updates
The online electrical goods seller AO World has enjoyed a near-tripling of profits thanks in part to booming tumble dryer sales during the wet winter and televisions for Euro 2024.
Revenues at the retailer, which sells 15% of all domestic appliances in the UK, were also bolstered by the continued popularity of air fryers, with the company attributing this to customers looking for a cheaper alternative to takeaways amid the cost of living crisis.
