Ao.com like-for-likes up 30% as it prepares to launch in Germany
AO.com has reported that like-for-like sales surged by 30% in the three months to the end of June.
The online electrical appliance retailer, which floated on the London Stock Exchange in February, said trading was in line with the board’s expectations “in all respects” and that the expansion of its offer to include televisions remains on track.
The business is currently preparing to launch in Germany.
Ao.com chairman Richard Rose said: “Following AO.com’s introduction of the TV category in May, we continue to develop our customer proposition and presence in this market. Similarly we continue to make excellent progress in preparing for the launch of ao.de in Germany this financial year and have recently secured office and warehouse premises in the Cologne area, and have been recruiting, inducting and training German staff for our operation there.”
Never Miss a Retail Update!Ao.com will announce its half-year results for the six months ending 30 September on 25 November.
