AO World has revealed it is expecting to report total revenue growth of around 11% when it publishes its full-year results, coming in at the top end of its guidance.

The electricals retailer said its adjusted pre-tax profit for the year will also be at the top end of previously upgraded guidance, between £45m and £50m.

AO was issuing a trading update for the period covering the year to 31 March, ahead of formally publishing its full-year results on 17 June.

The retailer, which is listed on the FTSE 250 index, said its B2C growth will be around 9.5% for the year, which it added was underpinned by market share gains across all its key categories.

AO also revealed that it had hedging arrangements in place before the recent geopolitical developments in the Middle East, covering approximately 80% of forecast fuel usage and 100% of electricity usage, which the company said would cover the full FY27 trading period.

“The numbers speak for themselves again and I am delighted to keep doing our talking on the pitch,” commented AO’s founder and chief executive, John Roberts.

“Our shared economics strategy and membership model, built on the foundations of brilliant retail basics, continues to deliver results. We continue to build momentum and all key metrics continue to improve, with an exciting pipeline of new initiatives ahead.”

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