AO World's Christmas sales peak on demand for electrical products




(Reuters) – Retailer Ao World (LON:) reported a 67.2% surge in third-quarter on Tuesday, on increased online demand for electrical products from consumers stuck at homes during the Christmas holiday period.

“We’ve seen ten years of change in ten months, and experienced our strongest ever peak trading period, said John Roberts, founder and chief executive officer of the British company.

It posted sales of 457.3 million pounds ($621.75 million) for the three months ended Dec. 31.

($1 = 0.7355 pounds)

 

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