Shore Capital cuts rating on AO World
22nd Jun 2023 10:34
(Sharecast News) - Shore Capital has cut its recommendation on AO World to 'hold', after a rally in the share price.
Read moreBroker tips: AO World, JTC
22nd Jun 2023 07:35
(Sharecast News) - Shore Capital has cut its recommendation on AO World to 'hold', after a rally in the share price.
Read moreFrasers lifts AO Wold stake to 21%
16th Jun 2023 11:57
(Sharecast News) - Mike Ashley's Frasers Group has lifted its stake in AO World just days after announcing a strategic tie-up with the online electrical retailer.
Read moreFrasers Group takes 18.9% stake in AO World for £75m
12th Jun 2023 07:01
(Sharecast News) - Mike Ashley's Frasers Group has said it had taken an 18.9% stake in online electrical retailer AO World for £75m.
Read moreAO World lifts full-year profit outlook
14th Apr 2023 07:42
(Sharecast News) - Online electricals retailer AO World said on Friday that it expects full-year profit to be around the top end of its guidance range as it continues to see positive traction from its initiatives to cut costs and improve margins.
Read moreFriday preview: US retail sales, consumer confidence in focus
13th Apr 2023 11:59
(Sharecast News) - Investors' focus at the end of the week will flip to US activity indicators with the latest retail sales and industrial production figures due out.
Read moreAO World lifts FY profit guidance again
28th Feb 2023 08:06
(Sharecast News) - Online electrical retailer AO World upgraded its profit guidance on Tuesday for the second time this year - and the third since November - citing the benefits of its cost-savings drive.
Read moreAO World lifts full-year profit guidance
10th Jan 2023 07:41
(Sharecast News) - Online electrical retailer AO World lifted its profit guidance for the year to March 2023 as it said profitability was running ahead of its previous expectations, having taken actions to cut costs and improve margins.
Read moreCanaccord hikes target price on AO World following H1 results
29th Nov 2022 10:51
(Sharecast News) - Analysts at Canaccord Genuity hiked their target price on electrical goods retailer AO World from 31.0p to 51.0p on Tuesday after they took the time to review the group's interim results.
Read moreAO World interim losses widen but FY profit outlook upgraded
22nd Nov 2022 08:32
(Sharecast News) - Online electricals retailer AO World reported a widening of its interim losses on Tuesday as revenues fell, but lifted its full-year profit expectations.
Read moreJefferies upgrades AO World to 'buy' after results
18th Aug 2022 09:44
(Sharecast News) - Jefferies upgraded AO World on Thursday to 'buy' from 'hold' after the online electricals retailer's full-year results, and lifted the price target.
Read moreAO World swing to loss amid higher costs
18th Aug 2022 07:05
(Sharecast News) - Online electricals retailer AO World said on Thursday that it swung to a full-year loss amid higher costs and falling sales.
Read moreMike Ashley's Frasers eyes up AO World - report
11th Jul 2022 11:24
(Sharecast News) - Mike Ashley's Frasers Group is reportedly considered backing the £40m fundraising launched last week by white goods specialist AO World.
Read moreAO World announces £40m capital raise to bolster balance sheet
6th Jul 2022 08:12
(Sharecast News) - Online electricals retailer AO World has announced plans to raise around £40m through a share placing and primary bid offer to strengthen its balance sheet, increase liquidity back to historic levels and provide the flexibility to capitalise on market opportunities.
Read moreAO World confirms one credit issuer has cut suppliers' cover
4th Jul 2022 14:47
(Sharecast News) - AO World confirmed on Monday that one of the third-party credit insurers serving some of its suppliers "rebased" its cover with respect to the online electricals retailer in May, to reflect post-Covid sales levels, but insisted this would have no effect on its liquidity position.
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