AO.com back in the black as sales soar

AO washing machine

For the six months to September 30, AO.com said group profit before tax increased to £18m having posted a loss of £5.9m in the same period last year. 

Total sales for the period soared 53% to £717m, while group adjusted EBITDA rose 4% to £28.8m.

The retailer’s German business saw sales boom 85% to £101m, and AO said its international arm was “on track” to be profitable by the 2022 financial year. 

 

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