April 6, 2018 / 6:35 AM / 8 months ago

AO World sees 14 pct rise in annual revenue, earnings loss in line

LONDON, April 6 (Reuters) - British online electrical retailer AO World said its group revenue for the year to end-March was expected to rise about 14 percent to 796 million pounds ($1.11 billion), while its core earnings loss would be in line with market forecasts.

Analysts on average currently expect the company to report a loss in EBITDA (earnings before interest, tax, depreciation and amortisation) of 4.2 million pounds, with a range between a 9.7 million pound loss and 1.4 million pound profit, according to a company-compiled consensus.

$1 = 0.7151 pounds Reporting by Paul Sandle; editing by Sarah Young

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