By Laura McGuire Electrical retailer AO World expects profit for the year to be at the top range of its previously guided forecast. The business, which calls Frasers Group its largest shareholder, told the London market this morning its revenues for the full year will be around £1.04bn, as it returned to revenue growth in the fourth quarter. In the year ahead, the firm said it was “confident” in its ability to reach 10-20 per cent revenue growth. It follows a cost cutting drive which included a number of job cuts, and the closure of its German business. Profit before tax is expected to be at t…