Online electricals retailer AO World has said it was on track to meet full year forecasts following continued revenue growth over the Christmas period. In its third quarterly update ending December 31, the retailer said total revenue grew 16.6 per cent year-on-year and while it expects its full year performance to be within analysts’ expectations, it remains cautious given the “uncertain UK economic outlook”. AO World’s UK business experienced revenue growth of 11.4 per cent and Ao.com revenue was up by 11.2 per cent year-on-year.
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AO World sees continued growth over Christmas