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Retailer AO World warns on outlook amid weak demand, supply chain woes

April 29 (Reuters) – Electricals retailer AO World Plc (AO.L) on Friday cautioned that its near-term revenue and profit outlook could be hit by inflationary pressures, supply chain logistical challenges and the rising cost-of-living crisis.

The London-listed company forecast lower core earnings for the year ended March 31, due to weaker consumer demand and higher costs.

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Reporting by Shanima A in Bengaluru; Editing by Sherry Jacob-Phillips

Our Standards: The Thomson Reuters Trust Principles.

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