Electrical
AO adjusted PBT hits £34.3m in bumper FY24
Revenues were ‘as expected’ following AO’s decision to remove non-core channels and loss-making sales, which it predicts will return the business to growth in Q4
![](https://b855165.smushcdn.com/855165/wp-content/uploads/2022/06/ao_21029751-780x470.jpg?lossy=1&strip=1&webp=1)
Electrical retailer AO World has reported that adjusted profits before tax reached £34.3m in the year to 31 March, spelling a year-on-year rise of £22.3m with a PBT margin of 3.3%.
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