AO’s CMD highlighted the enthusiasm of the company anew and focused on the batch of new business areas under development. These included significantly a potential new Consumer Credit offer and more visibility on the already announced B2B division. On the more cautious side the current UK Major Domestic Appliances (MDA) market remains difficult in demand terms (down around 5% in 2Q as per GFK), albeit mitigated by a more benign pricing environment. The company’s upbeat view that re
03 Oct 2018
Lots of newness, difficult core market
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Lots of newness, difficult core market
AO World Plc (AO:LON) | 100 0 0.0% | Mkt Cap: 580.7m
- Published:
03 Oct 2018 -
Author:
Tony Shiret -
Pages:
7
AO’s CMD highlighted the enthusiasm of the company anew and focused on the batch of new business areas under development. These included significantly a potential new Consumer Credit offer and more visibility on the already announced B2B division. On the more cautious side the current UK Major Domestic Appliances (MDA) market remains difficult in demand terms (down around 5% in 2Q as per GFK), albeit mitigated by a more benign pricing environment. The company’s upbeat view that re