ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

ASC Asos Plc

371.40
3.00 (0.81%)
Last Updated: 13:40:45
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Asos Plc LSE:ASC London Ordinary Share GB0030927254 ORD 3.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  3.00 0.81% 371.40 370.80 372.80 375.00 362.80 375.00 69,021 13:40:45
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Womens Accesory, Spcl Stores 3.55B -223.1M -1.8747 -1.97 438.66M

ASOS PLC Trading Statement (1948T)

11/12/2012 7:00am

UK Regulatory


Asos (LSE:ASC)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Asos Charts.

TIDMASC

RNS Number : 1948T

ASOS PLC

11 December 2012

11 December 2012

ASOS plc ("the Company")

Global Online Fashion Store

Trading Statement for the 3 months ended 30 November 2012

 
                                 Q1        Q1 
 GBP'000s                      2012/13   2011/12   Increase 
----------------------------  --------  --------  --------- 
 UK retail sales                62,053    49,942        24% 
----------------------------  --------  --------  --------- 
   US retail sales              19,048    12,144        57% 
   EU retail sales              33,337    28,911        15% 
   ROW retail sales             51,357    36,123        42% 
----------------------------  --------  --------  --------- 
 Total International retail 
  sales                        103,742    77,178        34% 
----------------------------  --------  --------  --------- 
 Total retail sales            165,795   127,120        30% 
----------------------------  --------  --------  --------- 
 
 Total group revenues*         169,431   130,692        30% 
----------------------------  --------  --------  --------- 
 

* Includes retail sales, delivery receipts and third party revenues.

Q1 Highlights

   --      Retail sales +30% year on year (UK +24%, International +34%) 
   --      International sales 63% of total (61% last year) 
   --      Retail gross margin down 100bps on prior year (+440bps in Q1 2011/12) 
   --      In-country offices opened in USA, France and Germany 
   --      5.4 million active customers* at 30 November 2012 (+35% year on year) 

Nick Robertson, CEO, commented:

""I am pleased to report strong trading for the three months to 30 November 2012 with total retail sales up 30% to GBP166m.

Our UK performance was ahead of expectations at +24%, driven by better conversion of traffic alongside continued investment in both our proposition and pricing. Our International business grew by +34% and now accounts for 63% of our total retail sales. We achieved +57% growth in the US, +42% growth in ROW, and +15% growth within the EU. Once again the performance of countries where we have dedicated websites was significantly better than the EU performance as a whole.

The retail gross margin performance reflects a combination of a particularly strong comparative period, the UK accounting for a larger percentage of the total retail sales mix than initially planned and continued price reinvestment.

We remain positive in our outlook and continue to trade in line with expectations."

*Defined as having shopped in the last 12 months

For further information:

 
 
   ASOS plc                                     Tel: 020 7756 1000 
 Nick Robertson, Chief Executive 
 Nick Beighton, Finance Director 
  Greg Feehely, Head of Investor Relations 
 
 
 
   College Hill                                 Tel: 020 7457 2020 
 Matthew Smallwood / Justine Warren / Jamie 
  Ramsay 
 
 
   JPMorgan Cazenove                            Tel: 020 7742 4000 
 Luke Bordewich / Gina Gibson 
 
 
   Numis Securities                             Tel: 020 7260 1000 
 Alex Ham 
 

Background note

ASOS is a global online fashion and beauty retailer and offers over 60,000 branded and own label product lines across womenswear, menswear, footwear, accessories, jewellery and beauty with approximately 1,500 new product lines being introduced each week.

Aimed at fashion forward twenty-somethings globally, ASOS attracts 23.0 million unique visitors a month (November 2011 18.2 million) and as at 30 November 2012 had 10.1 million registered users (30 November 2011: 7.1 million) and 5.4 million active customers* (30 November 2011: 4.0 million) from 160 countries.

*Defined as having shopped in the last 12 months

www.asos.com

www.us.asos.com

www.asos.de

www.asos.fr

www.asos.com/au

www.asos.it

www.asos.es

m.asos.com

marketplace.asos.com

fashionfinder.asos.com

Appendix 1

Pro forma split of retail sales by quarter for the year ending 31 August 2013

 
GBP'000s                 Q1  YOY%  Q2  YOY%  Q3  YOY%  Q4  YOY%  YTD 2012/13  YOY% 
------------------  -------  ----      ----      ----      ----  -----------  ---- 
UK retail sales      62,053   24%                                     62,053   24% 
  US retail sales    19,048   57%                                     19,048   57% 
  EU retail sales    33,337   15%                                     33,337   15% 
  ROW retail 
   sales             51,357   42%                                     51,357   42% 
International 
 retail sales       103,742   34%                                    103,742   34% 
------------------  -------  ----      ----      ----      ----  -----------  ---- 
Total retail 
 sales              165,795   30%                                    165,795   30% 
------------------  -------  ----      ----      ----      ----  -----------  ---- 
 

Pro forma split of retail sales by quarter for the year ending 31 August 2012

 
GBP'000s                 Q1  YOY%       Q2  YOY%       Q3  YOY%       Q4  YOY%  2011/12  YOY% 
------------------  -------  ----  -------  ----  -------  ----  -------  ----  -------  ---- 
UK retail sales      49,942    5%   59,025   12%   46,437    8%   49,854   15%  205,258   10% 
  US retail sales    12,144  190%   10,993   73%   13,351   78%   13,097   65%   49,585   91% 
  EU retail sales    28,911   55%   27,935   18%   30,224   27%   30,678   22%  117,748   29% 
  ROW retail 
   sales             36,123  233%   37,848  113%   43,912   71%   47,413   53%  165,296   94% 
International 
 retail sales        77,178  129%   76,776   61%   87,487   54%   91,188   42%  332,629   64% 
------------------  -------  ----  -------  ----  -------  ----  -------  ----  -------  ---- 
Total retail 
 sales              127,120   57%  135,801   35%  133,924   34%  141,042   31%  537,887   38% 
------------------  -------  ----  -------  ----  -------  ----  -------  ----  -------  ---- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

TSTDBLFFLLFZFBB

1 Year Asos Chart

1 Year Asos Chart

1 Month Asos Chart

1 Month Asos Chart

Your Recent History

Delayed Upgrade Clock