AO World profit up as it cuts costs
Bolton-based electrical retailer AO World plc reported a dip in annual sales as the cost-of-living crisis ate into consumers’ spending, but its profit rose due…
Bolton-based electrical retailer AO World plc reported a dip in annual sales as the cost-of-living crisis ate into consumers’ spending, but its profit rose due…
Shares of Bolton-based online electrical retailer AO World plc rose as much as 12% after it published a strong trading update for the 12 months to March…
Bolton-based online electrical retailer AO World plc is upgrading its full-year guidance after it swung to a profit of £13 million in the six months ended September…
Bolton-based online electrical retailer AO World plc returned to profit in the year to March 31, 2023, with statutory profit before tax of £7.6 million compared to…
Frasers Group plc announced it has acquired a strategic stake of 18.9% in Bolton-based online electrical retailer AO World plc. Frasers, formerly called Sports Direct, is…
Shares of Bolton-based online electrical retailer AO World plc rose about 11% on Friday after it published a trading update for the 12 months to March 31,…
Shares of Bolton-based online electrical retailer AO World plc rose about 30% on Tuesday after it issued a trading update and increased its profit guidance for the…
Shares of Bolton-based online electrical retailer AO World plc rose about 11% on Tuesday after it published an unscheduled trading update for its third quarter, the three…
Shares of Bolton-based online electrical retailer AO World plc rose about 16% on Tuesday after it said the six months to September 2022 represented “solid progress…
Shares of Bolton-based online electrical retailer AO World plc rose about 13% on Thursday after it announced results for the year to March 31, 2022 — but…
Bolton-based online electrical retailer AO World plc announced it will close its German business “based on the continuing deterioration in the outlook for the German business,…
Bolton-based online electrical retailer AO World plc has announced a strategic review of its German business and a third quarter trading update for the period ended December…
Shares of Bolton-based online electrical retailer AO World plc slumped 22% on Friday after it warned that its growth has been “impacted by the nationwide shortage…
Bolton-based online electrical retailer AO World plc said on Thursday its group adjusted EBITDA increased 191% to £64 million in the year to March 31 as…
Bolton-based online electrical retailer AO World plc said on Thursday its revenue increased 62% to £1.66 billion in the year to March 31, 2021, and it expects adjusted…
Bolton-based online electrical retailer AO World plc said on Tuesday its revenue soared 53.2% to £717 million in the six months to September 30 and it…
Shares of Bolton-based online electrical retailer AO World plc rose about 30% on Thursday after it issued a trading update for the six months ended September 30,…
Bolton-based online electrical retailer AO World plc said on Friday it is creating 650 new jobs across the UK in its retail, mobile, tech, financial services…
Bolton-based online electrical retailer AO World plc said on Thursday it recorded strong year-on-year revenue growth of 58.9% to £401.3 million in the UK and of…
Bolton-based online electrical retailer AO World on Tuesday announced a bonus scheme for its 3,000 staff — but the plan would only be triggered if the…
Bolton-based online electrical retailer AO World said on Tuesday its revenue for the year ended March 31, 2020, rose 15.9% to £1.04 billion — but its…
Shares of Bolton-based online electrical retailer AO World rose about 6% on Tuesday after it said in a trading update it “has grown market share and seen…
Shares of Bolton-based online electrical retailer AO World rose about 13% on Tuesday after it said its revenue rose 16.3% to £470.1 million in the six months…
Shares of Bolton-based online electrical retailer AO World fell about 7% on Tuesday after it said problems in its European business have been overshadowing growth in…
Shares of Bolton-based online electrical retailer AO World fell 6% on Thursday after it said its revenue is expected to rise around 13% to £900 million…
Bolton-based online electrical retailer AO World said on Friday its revenue rose 8.2% in its third quarter, the three months to December 31, 2018. In a…
Shares of Bolton-based online electrical retailer AO World fell about 6% on Tuesday after it said its revenue grew 9.9% to £404.2 million in the six months to…
Bolton-based online electrical retailer AO World plc said on Friday it agreed to acquire Mobile Phones Direct Limited for about £32.5 million in cash and shares….
Shares of Bolton-based online electrical retailer AO World rose about 5% after it said its revenue for the year ended March 31, 2018, rose 13.6% to £796.8 million. AO…
Shares of Bolton-based online electrical retailer AO World rose roughly 10% after it said its revenue for the year to March 31 is expected to be about…
Bolton-based European online electrical retailer AO World said its group revenue was up 16.6% for the three months to December 31, 2017, year on year. In a trading update for…
Shares of Bolton-based online electrical retailer AO World fell about 11% after it reported an operating loss of £12 million for the year to March 31 and warned of a “challenging…
Bolton-based online electrical retailer AO World said it raised £50 million in a placing of 37.73 million shares at 132.5p — representing about 9% of the firm’s share capital. Further, in…
Bolton-based online electrical retailer AO World said chief operating officer Steve Caunce would succeed company founder John Roberts as its CEO, effective immediately. Roberts, 43, who founded AO World in 2000 and…
Kao Data has started work on a £350 million data centre in Stockport, one of the largest in the region. The 40MW, 25,900 sq m…
Bolton-based electrical retailer AO World plc has agreed to buy Stockport second-hand media seller musicMagpie for about £10 million in cash. “With complementary business models…
Shares of embattled Bolton-based online electrical retailer AO World plc fell another 9% on Wednesday after it said it plans to raise £40 million through a…
Shares of Bolton-based online electrical retailer AO World plc fell another 12% on Monday as the firm confirmed news reports that one of the third-party credit…
Shares of Bolton-based online electrical retailer AO World plc fell as much as 20% on Friday after it said it remains “cautious” about its revenue and…
New analysis from exchange-traded products provider GraniteShares reveals that Manchester-based fashion giant Boohoo and Bolton-based online electrical retailer AO World plc were among the most shorted UK stocks…
Shares of Bolton-based online electrical retailer AO World plc fell another 17% on Tuesday after it cut its profit outlook and warned about “meaningful supply chain…
Shares of Bolton-based online electrical retailer AO World plc fell about 5% on Tuesday after it issued a trading update for its third quarter to December 31,…
Bolton-based online electrical retailer AO World said its revenue rose 13.3% to £368 million in the six months ended September 30, 2017. However, group operating loss was £12 million compared…
Manchester-based online fashion giant Boohoo Group plc — which has been under scrutiny for its corporate governance — announced on Tuesday the appointment a new…
Shares of Manchester-based consumer brand and e-commerce giant The Hut Group (THG) soared as much as 30% in the company’s first day of trading on the…
Shares of banks, utilities, transport companies and property firms were among the biggest winners in Friday’s UK stock market rally on the back of the…
Bilbao-based green energy giant Iberdrola said it has closed the acquisition of 88% of Warrington-based Electricity North West (ENW). Iberdrola said on August 2 it signed…
Mindtech Global, the Sheffield-based company that is developing synthetic data to train AI vision systems, has secured £4.4 million in a funding round led by…
Greater Manchester Pension Fund (GMPF) is to invest £120 million into Legal & General’s Affordable Housing Fund, as it continues to invest to increase much-needed…
Bilbao-based green energy giant Iberdrola said on Friday it signed an agreement to acquire 88% of Warrington-based Electricity North West (ENW) in the UK for an…
Wilmslow-based fashion firm Sosandar plc — run by former magazine publishers Ali Hall and Julie Lavington — has announced that the locations for its first two stores…
The City of Doncaster Council and Hybrid Air Vehicles Ltd have agreed to locate the production programme for Airlander 10 — “the world’s most efficient…
Merseyside-based Applied Nutrition announced the appointment of AJ Bell founder Andy Bell as its new chair. Tony Buffin, former CEO of Holland & Barrett and COO of Travis Perkins…
The University of Manchester has appointed Professor Duncan Ivison as its next President & Vice-Chancellor. Ivison will formally take up his role on August 1,…
Manchester-headquartered sportswear brand Castore has secured £145 million of investment in a funding round led by US investment bank Raine Group. Bloomberg reported that the funding round…
Shares of Liverpool-based Surface Transforms, makers of carbon fibre reinforced ceramic automotive brake discs, rose about 7% after it announced it was selected “as a tier…
Assura plc, the Warrington-based FTSE 250 healthcare real estate investment trust (REIT), said it will relocate its head office from to Altrincham. Assura has a portfolio…
Northern Gritstone, the investment business focused on university spin-outs and technology-enabled businesses in the North of England, has invested in LC AuxeTec, a deeptech company…
Shares of Manchester-based molecular diagnostics company Genedrive rose as much as 20% on Thursday after it said the UK’s National Institute for Health and Care Excellence (NICE) has…
Manchester-based Co-op Group announced it has sold its petrol forecourt estate to Leeds-based Asda for an enterprise value of £600 million. The Co-op said the enterprise value…
Manchester industrial chain and power transmission firm Renold plc said on Wednesday its revenue rose 18.1% to £195.2 million in the year to March 31, 2022,…
Leeds-based PureGym Group announced that investment firm KKR will make a £300 million equity investment in PureGym to support its global expansion plans. “KKR will become…
By Mark McSherry Edinburgh-based investment giant Abrdn announced plans on Thursday to acquire Manchester-based investment platform Interactive Investor for £1.49 billion. Interactive Investor is a subscription-based…
Assura plc, the Warrington-based healthcare real estate investment trust (REIT), said on Thursday it raised around £182 million — below and expected £190 million — via a…
Shares of Esken Limited, the aviation and energy infrastructure group formerly known as Stobart Group, fell about 16% on Monday after it published a complex…
The coronavirus pandemic forced the UK government to borrow £303.1 billion in the year ending in March, an increase of £246.1 billion on the previous…
Shares of Chester-based identity verification company GB Group (GBG) rose about 6% on Thursday after it published an update on its trading performance for the year…
Manchester-based Co-op Group said on Thursday its revenue for the year to January 2 rose 5.5% to £11.5 billion and underlying profit before tax rose 37.3% to £92 million….
Manchester United plc has announced financial results for its 2021 fiscal second quarter ended December 31, 2020, showing revenue rose 2.6% to £172.8 million and…
Aberdeen Standard Investments chief economist Jeremy Lawson has outlined what he called the “missed opportunities” of the UK budget. Lawson said the £40 billion worth…