AO World - Investor Presentation (FY Results) - 26 June 2024

John Roberts (Founder & Chief Executive) and Mark Higgins (Group CFO) of AO World held an Investor Presentation and Q&A for investors. This included an introduction to AO and a detailed review of highlights for the Full Year to 31st March 2024. The team discussed the good progress on profit performance delivered in the year, the strengthened balance sheet, and the successful strategic pivot to focus on profit and cash generation. Management highlighted their ambition for double digit revenue growth in FY25, their pursuit of 5% PBT margins and how they are tackling the turnaround in mobile.
Equity Development research notes on AO World are available here: www.equitydevelopment.co.uk/r...
Timestamps
0:00:00 Beginning
0:00:03 Introduction to AO World (John Roberts)
0:05:50 Financial Summary (Mark Higgins)
0:13:57 FY24 progress, Foundations for growth
0:23:51 Questions & Answers