AO.com and Marks Electrical improve golden-quarter profit expectations
AO.com and Marks Electrical have both revealed rising profitability following golden-quarter trading.
AO has increased profit expectations, despite a 17.2% decline in sales in the third quarter at its core UK business, which it said was in line with management expectations. Marks Electrical’s sales surged 33.4% in its third quarter and were ahead 22% in the year to date.
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