Tuesday preview: Reserve Bank of Australia, AO World
3rd Jun 2019 11:27
(Sharecast News) - The focus on Tuesday will be on the world's major central banks, Australia's in particular, in so far as it may become one of the first to cut rates in the face of the expected slowdown in global growth.
Read moreThursday broker round-up
4th Apr 2019 13:32
(Sharecast News) - Stagecoach: Liberum downgrades to hold with a target price of 165p.
Read moreAO World earnings seen at lower end of expectations, ?15m spent on stockpiling
4th Apr 2019 09:48
(Sharecast News) - Online electrical goods retailer AO World warned on the Thursday that its full-year adjusted earnings were likely to come in at the lower end of market expectations, as it announced that it has spent £15m on Brexit stockpiling.
Read moreShore Capital reiterates 'sell' rating on 'sub-scale' AO World
28th Feb 2019 15:30
(Sharecast News) - Analysts at Shore Capital reiterated their 'sell' rating on household appliances and electricals retailer AO World on Thursday, with the broker stating the UK electrical market had become even more competitive since the group's IPO back in 2014.
Read moreAO World founder John Roberts returns as CEO
31st Jan 2019 11:28
(Sharecast News) - Online electrical retailer AO World announced on Thursday that chief executive officer Steve Caunce has stepped down from the board with immediate effect, with founder John Roberts set to take on the role again.
Read moreAO World slows less than feared in 'solid' third-quarter
11th Jan 2019 08:28
(Sharecast News) - AO World said it is on track to meet expectations after revenue grew 8.2% in the last three months of the year, driven by European growth and seasonal discounts.
Read moreAO gets Mobile Phones acquisition over the line
17th Dec 2018 09:23
(Sharecast News) - AO World finally completed the acquisition of Mobile Phones Direct on Monday after struggling to get through for several weeks.
Read moreAO World announces another delay to Mobile Phones Direct acquisition
14th Dec 2018 12:03
(Sharecast News) - AO World updated the market on its acquisition of Mobile Phones Direct on Friday, with a further delay to the transaction's expected completion date.
Read moreAO World narrows losses in 'tough' macro environment
20th Nov 2018 13:16
(Sharecast News) - Online electrical goods retailer AO World was under the cosh on Tuesday as it reported a narrowing of its losses in the first half but struck a cautious note on the UK major domestic appliances (MDA) market.
Read moreAO World revenue climbs, remains cautious about economic outlook
12th Jan 2017 08:24
(ShareCast News) - AO World's third quarter revenue climbed but the European online electrical retailer remained cautious about the final quarter given the uncertain economic outlook in the UK. For the quarter ended 31 December, revenue surged 12.3% year-on-year as it expects its full year results t
Read moreSunday share tips: AO World, Phoenix Group
8th Jan 2017 22:29
(ShareCast News) - Should you want a new dishwasher, AO World may be a good option but it´s too soon to buy into the shares, The Times´s Tempus said. The online white goods seller had already taken 20% of its market and an update due on 12 January was likely to show strong growth. However, after
Read moreAO World swings to profit as revenues grow
22nd Nov 2016 08:24
(ShareCast News) - Online electrical goods retailer AO World said it swung to a pre-tax profit in the first half as revenues in the UK and Europe grew. In the six months to the end of September, the company swung to a pre-tax profit of £2.3m from a loss of £8m the year before, as revenue rose to £32
Read moreDirector dealings: AO World chairman buys in for a long cycle
3rd Oct 2016 16:05
(ShareCast News) - AO World's new chairman Geoff Cooper bought almost £170,000 worth of shares in the online white goods retailer on Monday, even as they recently overtook their pre-Brexit level. Cooper, who is also chairman of gifts retailer Card Factory, snapped up his first 100,000 shares in the
Read moreAO World surges on strong Q1 growth
21st Jul 2016 09:26
(ShareCast News) - Shares in AO World surged on Thursday as the online white goods retailer reported strong growth in first-quarter revenues. In a trading statement for 1 April to 30 June ahead of its annual general meeting, the company said AO branded sales in the UK were up 29% on the year, with t
Read moreFTSE 250 movers: house builders in focus as mid caps sour
4th Jul 2016 18:25
(ShareCast News) - FTSE 250 stocks ended on a sour note with residential property-linked stocks figuring prominently among the fallers as UK construction data disappointed. Clarkson led to the downside as it warned full-year 2016 profits would be "materially lower" on the year due to lower freight r
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