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ASC Asos Plc

343.40
-4.20 (-1.21%)
25 Apr 2024 - Closed
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
  -4.20 -1.21% 343.40 341.20 342.60 355.60 340.40 355.00 366,027 16:35:07
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Womens Accesory, Spcl Stores 3.55B -223.1M -1.8747 -1.83 407.72M

ASOS PLC Q2 Trading Statement (2204H)

12/03/2015 7:00am

UK Regulatory


Asos (LSE:ASC)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Asos Charts.

TIDMASC

RNS Number : 2204H

ASOS PLC

12 March 2015

12 March 2015

ASOS plc ("the Company")

Global Online Fashion Destination

Trading Statement for the three months ended 28 February 2015

 
                               Three months to 28 February                  Six months to 28 February 
                                                              CCY^                                       CCY^ 
 GBP'000                     2015      2014   Increase    increase      2015      2014   Increase    increase 
---------------------  ----------  --------  ---------  ----------  --------  --------  ---------  ---------- 
 UK retail 
  sales                   126,566    97,670        30%         30%   231,370   182,040        27%         27% 
---------------------  ----------  --------  ---------  ----------  --------  --------  ---------  ---------- 
  US retail 
   sales                   30,553    24,725        24%         16%    54,528    46,749        17%         14% 
  EU retail 
   sales                   77,227    68,079        13%         21%   136,228   127,626         7%         14% 
  ROW retail 
   sales                   55,754    53,571         4%         10%   114,303   115,904       (1%)          5% 
---------------------  ----------  --------  ---------  ----------  --------  --------  ---------  ---------- 
 Total International 
  retail sales            163,534   146,375        12%         16%   305,059   290,279         5%         10% 
---------------------  ----------  --------  ---------  ----------  --------  --------  ---------  ---------- 
 Total retail 
  sales                   290,100   244,045        19%         22%   536,429   472,319        14%         17% 
---------------------  ----------  --------  ---------  ----------  --------  --------  ---------  ---------- 
 
 Total group 
  revenue(1)              298,274   248,989        20%         22%   550,474   481,726        14%         17% 
---------------------  ----------  --------  ---------  ----------  --------  --------  ---------  ---------- 
 

(1) Includes retail sales, delivery receipts and third party revenues

^ On constant exchange rate basis

Three months to 28 February 2015 highlights

   --    Retail sales up 19% (UK retail sales up 30%, International retail sales up 12%) 
   --    International retail sales 56% of total (60% last year) 
   --    Retail gross margin down c.320 bps on prior year 

Six months to 28 February 2015 highlights

   --    Retail sales up 14% (UK retail sales up 27%, International retail sales up 5%) 
   --    International retail sales 57% of total (61% last year) 
   --    Retail gross margin down c.270 bps on prior year 
   --    9.3 million active customers(2) at 28 February 2015, up 13% on prior year 
   --    Strong balance sheet and cash position 

(2) Defined as having shopped in the last 12 months

Nick Robertson, CEO, commented:

"Retail sales for the three months to 28 February 2015 grew by +19% (+22% on a constant currency basis), with strong growth continuing in the UK at +30%. We have also seen encouraging momentum in our international markets during the quarter at +12% (+16% on a constant currency basis) following the successful roll out of our zonal pricing capability and our planned price investments.

Our investments in our warehouse and IT platforms are on track. We expect profit before tax for the full year to be in line with market expectations."

Analyst/Investor conference call:

ASOS will be hosting a conference call for analysts and investors at 8:00am (UK Time) today. Please call Guy Scarborough at Instinctif Partners for dial-in details on 020 7457 2047 or email guy.scarborough@instinctif.com.

A recording of this conference call will be available on the ASOS Plc investor centre website later today: http://www.asosplc.com/investors.aspx

Photography:

Latest photography will be available at: http://www.asosplc.com/media/image-gallery/consumer.aspx

For further information:

 
 ASOS plc                                    Tel: 020 7756 1000 
 Nick Robertson, Chief Executive 
 Nick Beighton, Chief Financial Officer 
  / Chief Operating Officer 
  Greg Feehely, Head of Investor Relations 
 
 
 
   Instinctif Partners                         Tel: 020 7457 2020 
 Matthew Smallwood / Justine Warren / Guy 
  Scarborough 
 
 
   JPMorgan Cazenove                           Tel: 020 7742 4000 
 Luke Bordewich 
 
 
   Numis Securities                            Tel: 020 7260 1000 
 Alex Ham 
 

Background note

ASOS is a global fashion destination for 20-somethings. We sell cutting-edge 'fast fashion' and offer a wide variety of fashion-related content, making ASOS.com the hub of a thriving fashion community. We sell over 75,000 branded and own-brand products through localised mobile and web experiences, delivering from our fulfilment centres in the UK, US, Europe and China to almost every country in the world.

We tailor the mix of own-label, global and local brands sold through each of our nine local language websites: UK, US, France, Germany, Spain, Italy, Australia, Russia and China.

ASOS's websites attracted 88 million visits during February 2015 (February 2014: 71 million) and as at 28 February 2015 had 9.3 million active customers(1) (28 February 2014: 8.2 million), of which 3.7 million were located in the UK and 5.6 million were located in our international territories (28 February 2014: 3.2 million in the UK and 5.0 million internationally).

(1) Defined as having shopped in the last 12 months

 
 www.asos.com      www.asos.es 
 www.us.asos.com   www.asos.com/ru 
 www.asos.de       www.asos.cn 
 www.asos.fr       m.asos.com 
 www.asos.com/au   marketplace.asos.com 
 www.asos.it       fashionfinder.asos.com 
 

Appendix 1 - Retail sales growth by quarter(1) in sterling

Year ending 31 August 2015

 
 
                                                                           2014/15 
GBP'000                   Q1  YOY%         Q2  YOY%  Q3  YOY%  Q4  YOY%        YTD  YOY% 
------------------  --------  ----  ---------  ----      ----      ----  ---------  ---- 
UK retail sales      104,804   24%    126,566   30%                        231,370   27% 
  US retail sales     23,975    9%     30,553   24%                         54,528   17% 
  EU retail sales     59,001  (1%)     77,227   13%                        136,228    7% 
  ROW retail 
   sales              58,549  (6%)     55,754    4%                        114,303  (1%) 
International 
 retail sales        141,525  (2%)    163,534   12%                        305,059    5% 
------------------  --------  ----  ---------  ----      ----      ----  ---------  ---- 
Total retail 
 sales               246,329    8%    290,100   19%                        536,429   14% 
------------------  --------  ----  ---------  ----      ----      ----  ---------  ---- 
 

Year ending 31 August 2014

 
 
GBP'000                    Q1  YOY%         Q2  YOY%        Q3  YOY%        Q4  YOY%    2013/14  YOY% 
------------------  ---------  ----  ---------  ----  --------  ----  --------  ----  ---------  ---- 
UK retail sales        84,370   36%     97,670   29%    91,880   43%    98,321   33%    372,241   35% 
  US retail sales      22,024   16%     24,725   50%    24,765   17%    20,797    0%     92,311   19% 
  EU retail sales      59,547   79%     68,079   54%    64,710   37%    64,049   21%    256,385   44% 
  ROW retail 
   sales               62,333   21%     53,571    6%    61,600    1%    56,854  (5%)    234,358    5% 
International 
 retail sales         143,904   39%    146,375   32%   151,075   17%   141,700    6%    583,054   22% 
------------------  ---------  ----  ---------  ----  --------  ----  --------  ----  ---------  ---- 
Total retail 
 sales                228,274   38%    244,045   31%   242,955   25%   240,021   15%    955,295   27% 
------------------  ---------  ----  ---------  ----  --------  ----  --------  ----  ---------  ---- 
 

Year ending 31 August 2013

 
GBP'000                    Q1  YOY%         Q2  YOY%        Q3  YOY%        Q4  YOY%   2012/13  YOY% 
------------------  ---------  ----  ---------  ----  --------  ----  --------  ----  --------  ---- 
UK retail sales        62,053   24%     75,526   28%    64,347   39%    74,101   49%   276,027   34% 
  US retail sales      19,048   57%     16,503   50%    21,255   59%    20,872   59%    77,678   57% 
  EU retail sales      33,337   15%     44,120   58%    47,215   56%    53,036   73%   177,708   51% 
  ROW retail 
   sales               51,357   42%     50,319   33%    60,796   38%    59,922   26%   222,394   35% 
International 
 retail sales         103,742   34%    110,942   45%   129,266   48%   133,830   47%   477,780   44% 
------------------  ---------  ----  ---------  ----  --------  ----  --------  ----  --------  ---- 
Total retail 
 sales                165,795   30%    186,468   37%   193,613   45%   207,931   47%   753,807   40% 
------------------  ---------  ----  ---------  ----  --------  ----  --------  ----  --------  ---- 
 

(1) Quarterly periods are as follows:

Q1: three months to 30 November

Q2: three months to 28 February

Q3: three months to 31 May

Q4: three months to 31 August

Appendix 2 - Retail sales growth by quarter(1) at constant currency

Year ending 31 August 2015

 
 
                                                                           2014/15 
GBP'000                   Q1  YOY%         Q2  YOY%  Q3  YOY%  Q4  YOY%        YTD  YOY% 
------------------  --------  ----  ---------  ----      ----      ----  ---------  ---- 
UK retail sales      104,804   24%    126,566   30%                        231,370   27% 
  US retail sales     23,975   12%     30,553   16%                         54,528   14% 
  EU retail sales     59,001    7%     77,227   21%                        136,228   14% 
  ROW retail 
   sales              58,549    0%     55,754   10%                        114,303    5% 
International 
 retail sales        141,525    4%    163,534   16%                        305,059   10% 
------------------  --------  ----  ---------  ----      ----      ----  ---------  ---- 
Total retail 
 sales               246,329   12%    290,100   22%                        536,429   17% 
------------------  --------  ----  ---------  ----      ----      ----  ---------  ---- 
 

Year ending 31 August 2014

 
 
GBP'000                    Q1  YOY%         Q2  YOY%        Q3  YOY%        Q4  YOY%    2013/14  YOY% 
------------------  ---------  ----  ---------  ----  --------  ----  --------  ----  ---------  ---- 
UK retail sales        84,370   36%     97,670   29%    91,880   43%    98,321   33%    372,241   35% 
 US retail sales       22,024   15%     24,725   53%    24,765   28%    20,797   10%     92,311   25% 
  EU retail sales      59,547   68%     68,079   51%    64,710   42%    64,049   29%    256,385   45% 
  ROW retail 
   sales               62,333   27%     53,571   16%    61,600   16%    56,854    3%    234,358   15% 
International 
 retail sales         143,904   38%    146,375   36%   151,075   28%   141,700   14%    583,054   28% 
------------------  ---------  ----  ---------  ----  --------  ----  --------  ----  ---------  ---- 
Total retail 
 sales                228,274   37%    244,045   33%   242,955   33%   240,021   21%    955,295   30% 
------------------  ---------  ----  ---------  ----  --------  ----  --------  ----  ---------  ---- 
 

Year ending 31 August 2013

 
GBP'000                    Q1  YOY%         Q2  YOY%        Q3  YOY%        Q4  YOY%   2012/13  YOY% 
------------------  ---------  ----  ---------  ----  --------  ----  --------  ----  --------  ---- 
UK retail sales        62,053   24%     75,526   28%    64,347   39%    74,101   49%   276,027   34% 
  US retail sales      19,048   57%     16,503   54%    21,255   54%    20,872   55%    77,678   55% 
  EU retail sales      33,337   25%     44,120   63%    47,215   52%    53,036   62%   177,708   51% 
  ROW retail 
   sales               51,357   42%     50,319   33%    60,796   36%    59,922   28%   222,394   34% 
International 
 retail sales         103,742   38%    110,942   47%   129,266   44%   133,830   44%   477,780   43% 
------------------  ---------  ----  ---------  ----  --------  ----  --------  ----  --------  ---- 
Total retail 
 sales                165,795   33%    186,468   39%   193,613   42%   207,931   45%   753,807   40% 
------------------  ---------  ----  ---------  ----  --------  ----  --------  ----  --------  ---- 
 

(1) Quarterly periods are as follows:

Q1: three months to 30 November

Q2: three months to 28 February

Q3: three months to 31 May

Q4: three months to 31 August

This information is provided by RNS

The company news service from the London Stock Exchange

END

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