News Results for AO World (AO.)

  • 11 Jan
    16:38
    FTSE ends positive weak on downbeat note

    A week of steady progress for global equities ended with a fizzle as the FTSE 100 closed down 0.4% to 6,918.18. Early on the index had been as much as 0.6% higher. Sterling continued to enjoy...

  • 11 Jan
    11:55
    FTSE reverses gains as sterling rises on reports of Brexit delay

    Reports that Brexit will have to be delayed to allow enough time for essential legislation to be passed boosted sterling and helped put pressure on the FTSE 100. Having traded materially higher...

  • 11 Jan
    11:00
    Broker Forecast - Peel Hunt issues a broker note on AO World

    Peel Hunt today reaffirms its hold investment rating on AO World (LON:AO.) and cut its price target to 135p (from 145p). Story provided by StockMarketWire.com Broker Forecasts data provided by...

  • 11 Jan
    08:48
    UK stocks open 0.6% higher after dovish Fed comments

    UK stocks open higher on Friday after US Fed chairman Jerome Powell said the central bank would be patient about raising interest rates and investors held onto hopes of a trade-war breakthrough....

  • 11 Jan
    07:53
    AO World revenue grows 8% on extended Black Friday deal bonanza

    Online electrical retailer AO World on Friday kept its full-year guidance unchanged as its decision to extend Black Friday deals over a long period in November was 'well received' by customers,...

  • 14 Dec
    16:47
    FTSE remains in negative territory amid growth fears in China and Europe

    The FTSE gained some momentum throughout the day amid weaker sterling, but ultimately struggled to drag itself out of the red, trading 0.5% lower at 6,845. Sterling declined after UK Prime...

  • 14 Dec
    12:00
    Weak Chinese and European data spooks markets

    By midday the FTSE 100 was down 0.7% to 6,826.50 as fragile investor confidence was punctured by soft Chinese and European economic data and a lack of progress on Brexit. Sterling fell sharply as...

  • 14 Dec
    07:42
    AO World expects to complete takeover of Mobile Phones Direct on Dec. 17

    AO World confirmed Friday the acquisition of Mobile Phones Direct was expected to be completed on 17 December. This update comes after the company confirmed Thursday it had made an application...

  • 20 Nov
    12:03
    FTSE recovers some ground despite long list of global concerns

    A combination of factors including tech sector weakness, Brexit, global trade disputes and the impasse over the Italian budget contributed to a lukewarm showing for the FTSE 100 by midday....

  • 20 Nov
    09:52
    AO World losses widen amid 'tough' trading backdrop in UK, Europe

    Online electrical retailer AO World reported Tuesday a wider first-half loss before tax owing to a 'tough' macro trading environment in UK and Europe and a larger-than-expected decline in the UK...

  • 09 Nov
    17:01
    Interest rate fears hit global equities

    Global equities were mainly in the red after the US Federal Reserve hinted that an interest rate hike could be in the cards in December. The FTSE 100 slipped 0.5% to 7,105 as falling commodity...

  • 09 Nov
    12:04
    Stocks on the back foot after Fed sets hawkish tone

    The FTSE 100 joined a sell off across global markets on Friday after last night's meeting of the US Federal Reserve saw rates kept on hold but with strong hints of a hike to come in December. The...

  • 09 Nov
    08:56
    AO World says growth to be second-half weighted; agrees to acquire Mobile Phones Direct for £32.5m

    Online electrical retailer AO World said Friday it had agreed to acquire Mobile Phones Direct for a cash-free, debt-free enterprise value of £32.5m. The company also revealed that second-quarter...

  • 05 Jun
    16:39
    FTSE underperforms thanks to strong pound, US open mixed

    Strong sterling on a better than expected update on the UK services sector saw the FTSE 100 underperform on Tuesday. By the close the index was down 0.7% at 7,686.80. The Government gave the go...

  • 05 Jun
    11:44
    Sterling gains and weak banks put FTSE on the back foot

    The FTSE 100 was firmly in reverse by lunchtime as data on the UK services sector helped push the pound higher and amid weakness in the banking sector. Approaching midday, the index was down 0.6%...

  • 05 Jun
    10:10
    Broker Forecast - Numis issues a broker note on AO World

    Numis today reaffirms its buy investment rating on AO World (LON:AO.) and raised its price target to 250p (from 200p). Story provided by StockMarketWire.com Broker Forecasts data provided by...

  • 05 Jun
    09:06
    UK stocks open slightly lower as trade war fears linger

    UK stocks opened a touch lower on Tuesday as investors weighed signs of improving global growth against lingering trade war fears. At 0857, the benchmark FTSE 100 index was down 3.49 points at...

  • 05 Jun
    08:30
    AO World revenues jump 13.6% but losses deepen

    European online electrical retailer AO World reported Tuesday deeper operating losses in the year to the end of March despite delivering revenue growth in both Europe and UK. For the 12 months to...

  • 03 May
    08:00
    Broker Forecast - Peel Hunt issues a broker note on AO World

    Peel Hunt today downgrades its investment rating on AO World (LON:AO.) to hold (from buy). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

  • 06 Apr
    16:56
    Trade war fears keep FTSE in the red amid weak miners

    The FTSE 100 failed to gain positive momentum as trade war concerns continued and miners remained weak. Miners dominated the top fallers on Friday with Rio Tinto (RIO) shedding 2.3% to £35.60 and...

  • 06 Apr
    11:37
    $100bn Chinese tariff threat weighs on FTSE

    The FTSE struggled to hold on to its gains from Thursday after US President Donald Trump threatened to impose $100bn worth of tariffs on Chinese goods late last night. The blue-chip index lost...

  • 06 Apr
    10:00
    Broker Forecast - Peel Hunt issues a broker note on AO World

    Peel Hunt today reaffirms its buy investment rating on AO World (LON:AO.) and set its price target at 145p. Story provided by StockMarketWire.com Broker Forecasts data provided by...

  • 03 Apr
    12:15
    Director Deals - AO World (AO.)

    John Roberts, Executive Director, has transferred out 610,820 shares in the company on the 29th March 2018 at a price of 0.00p. The Director now holds 109,504,019 shares. NOTE: Gifted to charity....

  • 11 Jan
    09:10
    Broker Forecast - Numis issues a broker note on AO World

    Numis today reaffirms its buy investment rating on AO World (LON:AO.) and set its price target at 200p. Story provided by StockMarketWire.com

  • 11 Jan
    08:48
    FTSE up in busy day for retailers

    The FTSE 100 added 9 points to 7.757.54 on Thursday morning amid a plethora of trading updates from some of the UK's big retailers. Tesco (TSCO) reported a like-for-like sales increase of 2.3% in...

  • 11 Jan
    07:10
    AO World sees continued growth

    AO World is on track to meet full year forecasts following continued revenue growth. A Q3 trading update said that its UK business continued to grow with overall revenue up by 11.4% and ao.com...

  • 24 Nov
    14:54
    AO World appoints new non-exec

    AO World has announced the appointment of Jacqueline de Rojas as a non-executive director of the Company and a member of the Remuneration and Nomination Committees, with immediate effect. At...

  • 22 Nov
    10:30
    Broker Forecast - JP Morgan Cazenove issues a broker note on AO World

    JP Morgan Cazenove today reaffirms its neutral investment rating on AO World (LON:AO.) and cut its price target to 125p (from 140p). Story provided by StockMarketWire.com

  • 21 Nov
    16:55
    FTSE chases US market higher

    Investors remained upbeat ahead of tomorrow's Budget with the positive sentiment partially driven by a strong performance in the US. Imperial Brands (IMB) was among the biggest blue chip risers,...

  • 21 Nov
    11:59
    FTSE buoyed by gains in cigarette giants

    Cigarette sellers Imperial Brands (IMB) and British American Tobacco (BATS) helped the FTSE 100 stay afloat. Imperial Brands was among the biggest blue chip risers, up 2.2% at £30.93 while British...

  • 21 Nov
    07:16
    AO World sees continued growth

    AO World's total revenue for the six months to the end of September rose by 13.3% to £368.0m as growth continued in both the UK and Europe. But group operating losses rose to £12.0m (2016:...

  • 16 Nov
    08:20
    Broker Forecast - Peel Hunt issues a broker note on AO World

    Peel Hunt today initiates coverage of AO World (LON:AO.) with a buy investment rating and price target of 145p. Story provided by StockMarketWire.com

  • 21 Jul
    16:37
    Markets in retreat heading into summer break

    The FTSE 100 headed south in sympathy with most other major indicies in Europe and the US closing down 0.4% at 7,458.04. Bucking this negative trend Vodafone rose 0.5% to 226.1p on strong results,...

  • 21 Jul
    13:07
    All resolutions passed at AGM of AO

    AO World has confirmed that all resolutions were passed by shareholders at today's Annual General Meeting. At 1:06pm: (LON:AO.) AO World share price was +0.88p at 119.88p Story provided by...

  • 21 Jul
    11:42
    Strong growth at Vodafone fails to lift FTSE

    Telecomms company Vodafone (VOD) reported good momentum in Europe and robust growth in Italy and Spain. In the quarter to 30 June 2017, organic service revenue grew by 2.2%. Vodafone rose 1.7% to...

  • 21 Jul
    09:15
    Paysafe rallies on takeover offer

    Paysafe (PAYS) was in the spotlight after the payment company received a takeover offer from funds managed by Blackstone and CVC Capital Partners for 590p per share. Shares in the FTSE 250 firm...

  • 21 Jul
    07:18
    AO World confident despite challenging environment

    AO World remains on track with its long-term strategic plan and the board expects results for the full year to fall within the range of market forecasts, shareholders at the annual general meeting...

  • 21 Jul
    07:12
    FLASH: AO World on track

    Story provided by StockMarketWire.com

  • 21 Jun
    13:19
    AO World sets date for AGM

    AO World has confirmed that the Company intends to hold its Annual General Meeting on 21 July. At 1:19pm: (LON:AO.) AO World share price was +0.88p at 125.88p Story provided by...

  • 08 Jun
    09:10
    Broker Forecast - Jefferies International issues a broker note on AO World

    Jefferies International today downgrades its investment rating on AO World (LON:AO.) to hold (from buy) and cut its price target to 140p (from 192p). Story provided by StockMarketWire.com

  • 07 Jun
    15:20
    Director Deals - AO World (AO.)

    John Roberts, Executive Director, bought 769,230 shares in the company on the 6th June 2017 at a price of 130.00p. The Director now holds 110,108,491 shares. Story provided by...

  • 06 Jun
    16:48
    RBS settles dispute with shareholders for £200m

    Royal Bank of Scotland (RBS) finally agreed to a £200m settlement with investors who accused the bank of lying about its financial health when it handed over £12bn in 2008. Shares in the bank fell...

  • 06 Jun
    11:54
    FTSE struggles to gain momentum on stronger pound

    Sterling strengthened 0.2% against the dollar and euro ahead of the UK general election and this weighed on blue chips due to their overseas earnings bias. The FTSE was flat at 7,525 as healthcare...

  • 06 Jun
    07:21
    AO World revenues up as it continues to gain market share

    Online electrical retailer AO World's total revenue increased by 17.0% in the year to the end of March to £701.2m with both the UK and Europe businesses growing sales. AO website sales for the UK...

  • 06 Jun
    07:09
    FLASH: AO World gaining market share

    Story provided by StockMarketWire.com

  • 05 Apr
    09:35
    Director Deals - AO World (AO.)

    Geoff Cooper, Chairman, bought 28,573 shares in the company on the 4th April 2017 at a price of 139.99p. The Director now holds 128,573 shares. Story provided by StockMarketWire.com Director...

  • 03 Apr
    15:25
    Director Deals - AO World (AO.)

    John Roberts, Executive Director, bought 1,509,433 shares in the company on the 30th March 2017 at a price of 132.50p. The Director now holds 110,746,668 shares. Story provided by...

  • 03 Apr
    15:25
    Director Deals - AO World (AO.)

    Steve Caunce, Chief Executive Officer, bought 1,509,433 shares in the company on the 30th March 2017 at a price of 132.50p. The Director now holds 52,745,815 shares. Story provided by...

  • 03 Apr
    15:25
    Director Deals - AO World (AO.)

    Mark Higgins, Financial Director, bought 3,773 shares in the company on the 30th March 2017 at a price of 132.50p. The Director now holds 27,701 shares. Story provided by StockMarketWire.com...

  • 03 Apr
    15:25
    Director Deals - AO World (AO.)

    Chris Hopkinson, Non Executive Director, bought 754,716 shares in the company on the 30th March 2017 at a price of 132.50p. The Director now holds 22,605,429 shares. Story provided by...

  • 03 Apr
    15:25
    Director Deals - AO World (AO.)

    John Roberts, Executive Director, has transferred out 1,407,407 shares in the company on the 3rd April 2017 at a price of 0.00p. The Director now holds 109,339,261 shares. NOTE: Gifted to...

  • 03 Apr
    15:25
    Director Deals - AO World (AO.)

    Steve Caunce, Chief Executive Officer, has transferred out 820,000 shares in the company on the 3rd April 2017 at a price of 0.00p. The Director now holds 51,925,815 shares. NOTE: Gifted to...

  • 31 Mar
    09:50
    Broker Forecast - JP Morgan Cazenove issues a broker note on AO World

    JP Morgan Cazenove today reaffirms its neutral investment rating on AO World (LON:AO.) and cut its price target to 140p (from 200p). Story provided by StockMarketWire.com

  • 30 Mar
    17:01
    FTSE flat as utility firms fall

    Weakness in utility companies SSE (SSE) and National Grid (NG.) caused the blue-chip index to remain subdued at 7,369. Management at SSE warned of additional challenges in the new financial year,...

  • 30 Mar
    12:01
    Article 50 triggering fails to topple FTSE

    The FTSE 100 nudged 0.2% lower on a surprisingly uneventful trading day following UK Theresa May's triggering of Article 50 to start negotiations for the UK to leave the European Union. Utility...

  • 30 Mar
    09:50
    Broker Forecast - Shore Capital issues a broker note on AO World

    Shore Capital today downgrades its investment rating on AO World (LON:AO.) to sell (from hold). Story provided by StockMarketWire.com

  • 30 Mar
    08:02
    AO World raises £50m

    AO World has raised £50m, gross, through a placing of 37,735,849 new ordinary shares at 132.5p apiece. At 8:02am: (LON:AO.) AO World share price was -4.75p at 133.15p Story provided by...

  • 23 Feb
    08:45
    AO World COO takes over as CEO

    AO World chief operating officer Steve Caunce is taking over as chief executive from John Roberts who is moving to a new role on the board as founder, executive director. Caunce will lead the...

  • 21 Feb
    15:09
    Broker views: Pumps, engineering and banking

    Cantor Fitzgerald downgraded its recommendation on pumps and motors specialist Hayward Tyler (LON:HAYT) to hold (from buy) on the back of yesterday's update which confirmed that FY2017E revenues...

  • 21 Feb
    13:10
    Broker Forecast - Morgan Stanley issues a broker note on AO World

    Morgan Stanley today downgrades its investment rating on AO World (LON:AO.) to underweight (from equal weight) and cut its price target to 135p (from 170p). Story provided by StockMarketWire.com

  • 07 Feb
    09:53
    AO World hosts capital markets day

    AO World is hosting a capital markets day for analysts and investors today in Germany which will include a tour of its new distribution centre in Bergheim. The event will be hosted by the group's...

  • 12 Jan
    07:47
    AO World revenues up

    Online electrical retailer AO World's UK business continued to grow with ao.com revenue up by 10.3% year on year and overall UK revenue up by 8.9%, against tough comparatives. The group said...

  • 12 Jan
    07:10
    FLASH: AO World revenues up

    Story provided by StockMarketWire.com

  • 22 Nov
    07:28
    AO World revenues up

    online electrical retailer AO World's total revenue for the six months to the endof September increased by 22.9% to £324.7m (2015: £264.3m) as both UK and Europe growth continued. AO website sales...

  • 22 Nov
    07:10
    FLASH: AO World revenues up

    Story provided by StockMarketWire.com

  • 03 Oct
    09:30
    Director Deals - AO World (AO.)

    Geoff Cooper, Chairman, bought 100,000 shares in the company on the 30th September 2016 at a price of 169.00p. The Director now holds 100,000 shares. Story provided by StockMarketWire.com...

  • 21 Jul
    11:50
    Investors wary ahead of ECB meeting

    Investors were being cautious ahead of the first European Central Bank meeting since the Brexit vote, pushing the FTSE 100 0.3% lower to 6,705.34. British Airways owner International Consolidated...

  • 21 Jul
    07:25
    AO World on track with strategy

    AO World (AO.) said chairman Richard Rose will make the following statement before its AGM: "The business remains on track with its long-term strategic plan. "Customer satisfaction continues to...

  • 08 Jun
    07:21
    AO's revenues

    Online electrical retailer AO World's total revenue for the period increased by 25.7% to £599.2m (2015: £476.7m) as UK growth continued and the German business gained traction with customers. AO...

  • 08 Jun
    07:13
    FLASH: AO World revenues up

    Story provided by StockMarketWire.com

  • 04 Apr
    14:00
    Director Deals - AO World (AO.)

    John Roberts, Chief Executive Officer, has transferred out 150,000 shares in the company on the 1st April 2016 at a price of 0.00p. The Director now holds 109,237,235 shares. NOTE: Gifted to...

  • 04 Apr
    14:00
    Director Deals - AO World (AO.)

    John Roberts, Chief Executive Officer, has transferred out 150,000 shares in the company on the 1st April 2016 at a price of 0.00p. The Director now holds 109,237,235 shares. NOTE: Gifted to...

  • 04 Apr
    14:00
    Director Deals - AO World (AO.)

    John Roberts, Chief Executive Officer, has transferred out 150,000 shares in the company on the 1st April 2016 at a price of 0.00p. The Director now holds 109,237,235 shares. NOTE: Gifted to...

  • 04 Apr
    14:00
    Director Deals - AO World (AO.)

    John Roberts, Chief Executive Officer, has transferred out 150,000 shares in the company on the 1st April 2016 at a price of 0.00p. The Director now holds 109,237,235 shares. NOTE: Gifted to...

  • 31 Mar
    07:46
    AO World beats forecasts

    AO World says its UK business performed strongly during the fourth quarter with revenue and EBITDA ahead of expectations as it continued to gain market share. The group expects full year UK...

  • 31 Mar
    07:15
    FLASH: AO World continues to gain market share

    Story provided by StockMarketWire.com

  • 03 Mar
    13:04
    AO World chairman to step down

    AO World non-executive chairmam Richard Rose intends to step down from the board once a successor has been appointed. The company's senior independent director, Brian McBride, will lead the...

  • 12 Jan
    07:32
    AO World sees sales growth

    AO World saw sales growth across all categories in the three months to December and says it long-term strategy remains on track. The online retailer of major domestic appliances said its UK...

  • 12 Jan
    07:10
    FLASH: AO World sees sales growth

    Story provided by StockMarketWire.com

  • 21 Sep
    15:37
    AO World revenues boosted by online sales

    AO World expects overall revenue for the three months to the end of September to increase year on year by 20%-21% driven by growth in online sales of over 30%. The group says it accelerated its...

  • 21 Jul
    14:02
    AO World resolutions passed at AGM

    AO World has confirmed that all resolutions proposed at its annual general meeting today were passed. At 2:02pm: (LON:AO.) AO World share price was +9.5p at 129.2p Story provided by...

  • 21 Jul
    08:42
    FTSE up a jot on mixed bag with insurers in focus

    FTSE indices lumbered a whisker higher in early deals with gains among insurers, pharmas, utility and some miners offsetting weakness among other stocks in those same sectors. Wall St firmed...

  • 21 Jul
    07:26
    AO World's strategic progress

    AO World - a leading online retailer of major domestic appliances - is on track with its long-term strategic progress, shareholders at the annual general meeting today will be told. Chairman...

  • 21 Jul
    07:06
    FLASH: AO World on course

    Story provided by StockMarketWire.com

  • 02 Jun
    17:04
    FTSE mixed as Greece tensions surge, tobacco falls

    FTSE indices ended mixed with the blue chip down a jot and the mid cap up a sliver in a topsy-turvy session in which the brinkmanship between debt-laden Greece and its creditors ratcheted up a...

  • 02 Jun
    12:03
    FTSE exhales lower as BATS slumps, retail dips

    FTSE indices were southbound midday as fags firm British American Tobacco (BATS) dived on a Canada class-action lawsuit outcome, with retail, mining and property softening. Traders continue to...

  • 02 Jun
    08:12
    AO's revenues

    AO World's total revenues rose by 23.8% to £476.7m in the year to the end of March. Website sales for the UK were up 32.9% to £381.5m, with total UK revenue up 22.3% to £470.8m (2014:...

  • 02 Jun
    07:14
    FLASH: AO World revenues up

    Story provided by StockMarketWire.com

  • 31 Mar
    17:00
    Director Deals - AO World (AO.)

    John Roberts, Chief Executive Officer, has transferred out 832,874 shares in the company on the 27th March 2015 at a price of 0.00p. The Director now holds 110,387,235 shares. NOTE: Gifted to...

  • 31 Mar
    17:00
    Director Deals - AO World (AO.)

    Steve Caunce, Financial Director, has transferred out 333,150 shares in the company on the 27th March 2015 at a price of 0.00p. The Director now holds 52,556,382 shares. NOTE: Gifted to charitable...

  • 16 Mar
    09:55
    Director Deals - AO World (AO.)

    Richard Rose, Non Executive Director, sold 5,583,475 shares in the company on the 13th March 2015 at a price of 180.00p. The Director now holds 723,443 shares. Story provided by...

  • 25 Feb
    17:08
    FTSE fades in news-heavy day as Weir Group falls

    FTSE indices faded from yesterday's bumper gains with Weir Group the biggest blue-chip faller on a lower FY profit. Several others across the boards also turned in heavy moves -- whether up or down...

  • 25 Feb
    14:20
    AO World downgraded by JP Morgan

    JP Morgan Cazenove has downgraded its recommendation on online retailer AO World (LON:AO.) to 'neutral' from 'overweight', after the company released a profit warning due to an unexpected slowdown...

  • 25 Feb
    08:13
    AO sees FY results just below market view

    AO World - the UK's leading online retailer of major domestic appliances - expects results for the year ending 31 March will fall slightly below market forecasts. AO says it has found achieving...

  • 25 Feb
    07:19
    FLASH: AO World slightly below forecasts

    Story provided by StockMarketWire.com

  • 12 Jan
    07:58
    AO World website revenues up 38%

    AO World - a leading online retailer of major domestic appliances - reports strong sales for the third quarter and continued delivery against the plan set out at IPO. AO website revenue for the...

  • 12 Jan
    07:10
    AO World website revenues up 38%

    Story provided by StockMarketWire.com

  • 25 Nov
    08:24
    AO World adjusted operating profits up 134%

    Online domestic appliances retailer AO World's adjusted operating profits jumped by 134% to £5.5m in the six months to the end of September. Total revenues were up 25.1% at £217.1m and adjusted...

  • 25 Nov
    07:18
    FLASH: AO World adjusted operating profits up 134%

    Story provided by StockMarketWire.com

  • 18 Jul
    09:04
    AO World appoints company secretary

    AO World has appointed Julie Finnemore as company secretary with immediate effect. Finnemore is a qualified solicitor who joined the company from Atticus Legal LLP as head of group legal in...

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