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AOWDF / AO World to raise £40mln to avert credit insurance squeeze

AO World to raise £40mln to avert credit insurance squeeze
AO World PLC (LSE:AO.) said it aims to raise £40mln via a placing with City investors and a retail offer via PrimaryBid, after reports that its credit insurance had been reduced. Read More
Posted: Jul 6 2022, 03:34
Author Name: Proactive Investors
Views: 110659

AOWDF News  

AO World says earnings will come in at the top end of the guided range

By Proactive Investors
April 14, 2023

AO World says earnings will come in at the top end of the guided range

Online electrical retailer AO World PLC (LSE:AO.) has upgraded its guidance for the financial year ending last month. more_horizontal

AO World expecting strong profits & US banking season starts on Friday

By Proactive Investors
April 13, 2023

AO World expecting strong profits & US banking season starts on Friday

The US financial sector results season begins tomorrow with interims from Citigroup, JP Morgan Chase, and BlackRock. With the tremors of SVB and Signa more_horizontal

AO World 'making progress' says broker

By Proactive Investors
February 28, 2023

AO World 'making progress' says broker

AO World is ‘making progress' towards goals, says Shore Capital after the online electrical retailer raised profit guidance for the third time since more_horizontal

AO World raises guidance for second time this year

By Proactive Investors
February 28, 2023

AO World raises guidance for second time this year

AO World raised its profit guidance for the year ended March 2023 for the second time this year thanks to cost-saving measures. Adjusted underlying e more_horizontal

AO World raises guidance as action to cut costs and improve margins

By Proactive Investors
January 10, 2023

AO World raises guidance as action to cut costs and improve margins "gains traction"

AO World PLC (LSE:AO.), the leading online electrical retailer, has raised its profit guidance for the year reflecting actions taken to reduce costs a more_horizontal

AO World shares surge as it points to brighter days ahead

By Proactive Investors
November 22, 2022

AO World shares surge as it points to brighter days ahead

AO World PLC (LSE:AO.) hinted at brighter days ahead as first half results suggested the company might have turned the corner. more_horizontal

AO World forecasts top-end EBITDA despite increased losses at half-year

By Proactive Investors
November 22, 2022

AO World forecasts top-end EBITDA despite increased losses at half-year

AO World PLC (LSE:AO.) forecast top-end full year EBITDA today despite reporting increased losses and falling revenues in the six months to 30 Septemb more_horizontal

AO World looking to bounce back on Tuesday from last year's losses

By Proactive Investors
November 18, 2022

AO World looking to bounce back on Tuesday from last year's losses

AO World PLC (LSE:AO.) has endured a chastening 18 months, shedding more than 80% of its market value, and next Tuesday's half-year update might see more_horizontal


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