AO World Is Still Plugged In To Brisk Business
Surge in sales tapers at AO World but retailer is still plugged in to brisk business Q1 2021 hedge fund letters, conferences and more AO World's Sales Decline"Electrical retailer AO World PLC (LON:AO) says it’s still plugged in to brisk business, but the surge in sales it saw as people hunkered down at home during the pandemic have tailed off. The 62% rise in revenue to £1.6 billion over the year to the end of March is a very hard act to follow, particularly as bigger ticket items like chest freezers and gaming set-ups made up the bulk of sales items which aren’t likely to be replaced for a fe...