Business
AGM and Trading Statement
AGM and Trading Statement.
About this update from Ao World Plc
[{"type":"text","content":"\n \nRNS Number : 0900V AO World plc 19 July 2018 \n\nAO World plc\nAGM and Trading Statement\nAO World plc (\"AO World\" or the \"Company\"), a leading European online electrical retailer, is holding its Annual General Meeting at 8am today, at which the following Trading Statement, for the period 1 April 2018 to 30 June 2018, will be made:\n\"AO World is on track to deliver its long-term strategic plan and the Board's expectations for the full year remain unchanged.\nOverall for the quarter we are pleased to report UK revenue growth of 8.0% which reflects the strong start to the year, as previously reported, and a slower performance in June in our core markets impacted by weaker consumer demand2.\n \nOur Europe business has performed in line with our plan during the period, with continuing strong year-on-year revenue growth of 46.2% in constant currency (up 48.8% on a reported basis), and we continue our strategy of limited traditional marketing as planned. We remain confident in the delivery of the plan we set out at our capital markets day in February 2017.\" \nThe Company's half year results for the six months ending 30 September 2018 will be announced on 20 November 2018.\nAO World plc\nMark Higgins [email protected]\n \nTulchan Communications Tel: +44(0) 20 7353 4200\nCatherine James [email protected] \nWill Smith \n \n2Source: Google data\n \nAbout AO\nAO World plc, headquartered in Bolton and listed on the London Stock Exchange, is an online electrical retailer, with a clear purpose: to have the happiest customers by relentlessly striving for a better way. \n \nWe create value by providing electrical products and related services to our...