April 6, 2018 / 6:33 AM / 18 days ago

AO World sees 14 percent rise in annual revenue, earnings loss in line

LONDON (Reuters) - British online electrical retailer AO World (AO.L) said its group revenue for the year to end-March was expected to rise about 14 percent to 796 million pounds, while its core earnings loss would be in line with market forecasts.

Analysts on average currently expect the company to report a loss in EBITDA (earnings before interest, tax, depreciation and amortisation) of 4.2 million pounds, with a range between a 9.7 million pound loss and 1.4 million pound profit, according to a company-compiled consensus.

    Reporting by Paul Sandle; editing by Sarah Young

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