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Electrical

AO raises profit outlook despite 17% drop in Q3 revenues

AO made a pre-tax loss of ยฃ12m for the six months ended September 2022, up from ยฃ4m compared with the same period last year

Electronics retailer AO has raised its profit expectations for FY23 despite seeing a 17.2% decrease in revenues across its UK businesses in Q3.

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