Electricals etailer AO World, which trades as Ao.com, has reported a strong third quarter and expects to meet full-year City expectations.
AO World, which trades as Ao.com and floated last year, recorded a 38% rise in website sales in the three months to December 31 and said it coped well with a surge in demand on Black Friday.
Total revenue, which includes including third party retail and logistics, was up 26% in the period.
AO World chief executive John Roberts said: “AO World has made continued progress, delivering further strong trading in the UK while moving ahead operationally and strategically.
“Our brand recognition continues to grow and over this key peak period, including the unprecedented demand seen on Black Friday, we continued to deliver for our customers.”
The figures exclude Germany, where the etailer launched at the start of October 2014.
Roberts said: “I am delighted at the progress we are making in Germany where we launched six months ahead of schedule.
“We are already receiving great customer feedback, showing that our compelling offer translates well and giving us increased confidence in our ability to replicate our model in other overseas markets.”