AO World to take over MusicMagpie for £10m
2nd Oct 2024 07:27
(Sharecast News) - Household appliances retailer AO World is to take over struggling refurbished electrical and media reseller MusicMagpie for £10m.
Read moreLondon close: Stocks finish choppy day in the red
26th Jun 2024 15:32
(Sharecast News) - London stocks ended in negative territory on Wednesday, influenced by a downturn in retail sales data for June.
Read moreAO World full-year profits top guidance
26th Jun 2024 07:28
(Sharecast News) - Online electricals retailer AO World posted a surge in full-year profit on Wednesday, topping its own guidance range as its plan to pivot the business to focus on profit and cash generation bore fruit.
Read moreLondon close: Stocks manage gains as unemployment rises
14th May 2024 16:40
(Sharecast News) - London stocks closed higher on Tuesday, as investors analysed the latest UK jobs data and remarks from Bank of England chief economist Huw Pill.
Read moreCanaccord Genuity raises target price on AO World
17th Apr 2024 09:38
(Sharecast News) - Analysts at Canaccord Genuity raised their target price on electrical retailer AO World from 52.0p to 75.0p on Wednesday after the group's trading update last week led the broker to adjust its FY24-26 estimates.
Read moreShore Capital upgrades AO World to 'buy'
10th Apr 2024 08:30
(Sharecast News) - Shore Capital upgraded AO World on Wednesday to 'buy' from 'hold'.
Read moreLondon close: Stocks finish firmer ahead of Easter break
28th Mar 2024 16:08
(Sharecast News) - London's equity markets closed higher on Thursday ahead of the Easter break, despite lingering concerns over the UK's recessionary status in the latter part of last year.
Read moreAO World sees FY profit 'at least' at top end of guidance
28th Mar 2024 07:56
(Sharecast News) - Electrical retailer AO World said on Thursday that FY24 adjusted pre-tax profit was set to be "at least" at the top end of the guided range of £28m to £33m.
Read moreAO World buys IP rights from mobile phone retailer A1 Comms for £2.2m
15th Feb 2024 08:13
(Sharecast News) - AO World jumped on Thursday, having announced after the close of markets on Thursday that it had the bought intellectual property rights of mobile phone retailer A1 Comms from administration for £2.2m in cash.
Read moreLondon close: Stocks slip ahead of FOMC minutes, Autumn Statement
21st Nov 2023 15:19
(Sharecast News) - London stocks finished in the red on Tuesday as investors examined the latest UK borrowing data ahead of Wednesday's Autumn Statement.
Read moreAO World lifts profit targets after impressive first half
21st Nov 2023 07:29
(Sharecast News) - Electrical goods retailer AO World has raised its bottom-line guidance for the full year after swinging to a profit in the first half despite a reduction in sales.
Read moreMarks Electrical reiterates full-year targets despite profits slide
16th Nov 2023 11:04
(Sharecast News) - Marks Electrical Group reported a fall in half-year profits on Thursday, despite stronger revenues, after higher costs weighed heavily.
Read moreDirector dealings: EasyJet non-exec invests, AO World CFO sells incentive shares
27th Jul 2023 10:50
(Sharecast News) - EasyJet was on the list of director buys on Thursday, after it disclosed a purchase made by a non-executive director for more than 5,000 shares.
Read moreShoreCap downgrades AO World to 'sell'
26th Jul 2023 15:22
(Sharecast News) - Shore Capital downgraded its stance on online electricals retailer AO World on Wednesday to 'sell' from 'hold'.
Read moreBroker tips: Tyman, AO World
26th Jul 2023 07:56
(Sharecast News) - Berenberg upgraded Tyman on Wednesday to 'buy' from 'hold' and hiked the price target to 360p from 250p after the company's first-half results a day earlier.
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