AO World PLC (AO.L), a British electrical retailer, on Tuesday reported a rise in earnings and revenue for the first half.
For the six-month period to September 30, the company reported a pre-tax income of GBP 17.9 million, higher than GBP 16.2 million in the same period last year. Adjusted pre-tax income stood at GBP 17.9 million as against the prior year's GBP 17.1 million.
Net profit stood at GBP 12.6 million, or 2.13 pence per share, compared with GBP 11.2 million, or 1.88 pence per share, a year ago. Operating income moved up to GBP 17.5 million from last year's GBP 16.4 million. Revenue was GBP 585.6 million, up from the previous year's GBP 512.1 million.
Looking ahead, the company said: "We are pleased with the Group's progress in the first half, with trading slightly ahead of our previous expectations, despite the inflationary headwinds. In our pre-close trading statement on 15 September 2025, we updated our profit expectation to be between £45m and £50m. Given continued positive trading since then, we now upgrade our FY26 PBT guidance to be around the top of that recently narrowed range."
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.