Electrical retailer AO World predicts a hike in full year sales as it bounces back from slowdown



Online electrical goods retailer AO World is predicting a 14 per cent hike in full year sales, as it bounces back from a slowdown last year .
The firm has revealed that £796 million is expected to be generated in revenue, slightly above market expectations.
In the UK, AO World said turnover is forecast to increase by 8 per cent to £680 million following growth in the fourth quarter.
Commenting on the buoyant prediction a spokesperson for the company said: 'Growth in the fourth quarter was achieved in what remains a competitive market with limited advertising spend.
'When compared to this... read more

 
6 April 2018 in Business, Views: 48
Source: Daily Mail
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