A couple of days ago the UK’s most trusted electrical retailer AO World (LON:AO.) reported its Final results for the year to end-March.
It showed revenue growth of 11.4%, while its adjusted pre-tax profits were up 16.1% to a record £50.5m.
The £504.5m-capitalised group’s shares were up to 116.80p in mid-January this year, since when they have been down to 82.70p, that was at the end of March.
They are now looking steadier at 90.80p, at which the whole group is capitalised at £547.73m.
I now see them rising well over the 100p barrier, then edging...
