Half Year 2025 AO World plc Earnings Presentation Transcript

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Nov 26, 2024

Nov 26, 2024 / 09:00AM GMT
Presentation
Nov 26, 2024 / 09:00AM GMT

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Corporate Participants
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* Mark Higgins
AO World plc - Chief Financial Officer
* John Roberts
AO World plc - Chief Executive Officer

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Conference Call Participants
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* Hannah Crowe
Equity Development - Analyst

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Mark Higgins - AO World plc - Chief Financial Officer

Good morning, everybody. Thank you for joining us today. So we're going to start with the numbers and the key drivers behind them, and then I'll hand over to John. So we've continued to make progress against our strategy.

During the first half, we've delivered double-digit growth in our main B2C channel, the core of our business. Gross margin has been strong, reflecting the work we've done over the last few years across product and channel mix. We previously discussed the reengineering and mobile, and I'm pleased with the gain we've made in margin, which is helping here, but it has had an

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