AO World warns on 'challenging' trading despite first quarter sales rise

Electricals retailer AO World has again warned that it faces "challenging" trading, despite reporting a rise in first quarter sales.

AO World warns on 'challenging' trading despite first quarter sales rise
Fri, 21 Jul, 2017 - 09:36

Electricals retailer AO World has again warned that it faces "challenging" trading, despite reporting a rise in first quarter sales.

The firm said revenue rose 2.5% in the three months to June, even though it faced tough comparatives in the same period last year when housing sales were boosted ahead of stamp duty changes.

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