SHARE

AO World reports record profits, announces £20m return to shareholders after strong TV sales

Online retailer AO World saw adjusted pre-tax profit rise 16.1% to £50.5m, with revenue up 11.4% to £1.3bn. Growth was driven by TV sales ahead of the World Cup and recent acquisitions in the used electronics sector.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.