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Strong performance sends AO share prices into a spin

22 July 2015 - Janet Bird

Strong performance sends AO share prices into a spin

Shares in white goods retailer AO World soared by up to eight percent after it reported an upturn in sales.

UK sales rose by 6.5 percent during the three months ending June 30, providing some welcome good news for the company, which saw share prices drop after issuing a profit warning in February.

The strong housing market is believed to have boosted sales of fridges and freezers from AO, which sells kitchen appliances and televisions online from its base in Crewe.


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