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ASOS PLC (ASC)

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Tuesday 10 July, 2012

ASOS PLC

Trading Statement

RNS Number : 2626H
ASOS PLC
10 July 2012
 



 

10 July 2012

 

ASOS plc ("the Company")

Global Online Fashion Store

Trading Statement for the 3 months ended 30 June 2012 

3 months to 30 June

2012/13

2011/12

Increase

UK retail sales

48,089

44,617

8%

   US retail sales

12,951

7,061

83%

   EU retail sales

32,357

25,487

27%

   ROW retail sales

43,490

27,052

61%

Total International retail sales

88,798

59,600

49%

136,887

104,217

31%





141,092

107,279

31%

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

 

 

 Q1 Highlights

·    Retail sales +31% year on year (UK +8%, International +49%)

·    International sales 65% of total; UK sales 35% of total

·    Retail gross margin in line with guidance.

 

 

Nick Robertson, CEO, commented:

"I am pleased to report that trading for the three months to end June 2012 has been strong with retail sales up 31% to £137m.

 

"Our UK performance was particularly encouraging given the current climate at +8%. Our International business grew by +49% driven by a strong performance in the US, +83% and our rest of world category (predominately Australia) at +61%.  International sales now represent 65% of the total up from 57% last year.

 

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

 

 

Note

As announced on 26 April 2012, the Company is changing its accounting reference date from 31 March to 31 August. Accordingly, pro forma retail sales by segment and total group revenues for the three month periods to 30 November 2011, 29 February 2012 and 31 May 2012, representing Q1, Q2 and Q3 on the new financial year end basis, have been included in appendix 2 to this release.

For further information:

 

ASOS plc

 

Tel: 020 7756 1017

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 on the ASOS.com website over 50,000 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 16.6 million unique visitors a month (Q1 2012 13.0 million) and as at 30 June 2012 had 8.7 million registered users (30 June 2011: 5.8 million) and 4.7 million active customers* (30 June 2011: 3.5 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

Split of retail sales by quarter for the year ending 31 March 2012

£'000s

Q1

YOY%

Q2

YOY%

Q3

YOY%

Q4

YOY%

2011/12

YOY%

UK sales

44,617

15%

44,069

1%

62,055

10%

47,118

4%

197,859

7%

   US sales

7,061

151%

8,407

124%

13,040

146%

11,451

69%

39,959

114%

   EU sales

25,487

80%

22,963

65%

32,470

33%

26,073

25%

106,993

46%

   ROW sales

27,052

353%

31,216

272%

38,962

179%

39,521

101%

136,751

185%

International sales

59,600

160%

62,586

141%

84,472

93%

77,045

63%

283,703

103%

Total retail sales

104,217

69%

106,655

53%

146,527

46%

124,163

34%

481,562

49%

 

Split of retail sales by quarter for the year ending 31 March 2011

£'000s

Q1

YOY%

Q2

YOY%

Q3

YOY%

Q4

YOY%

2010/11

YOY%

UK sales

38,758

32%

43,680

21%

56,320

23%

45,314

25%

184,072

25%

   US sales

2,812

199%

3,752

293%

5,297

267%

6,781

209%

18,642

235%

   EU sales

14,176

70%

13,880

71%

24,460

102%

20,869

73%

73,385

86%

   ROW sales

5,966

266%

8,385

259%

13,962

300%

19,688

359%

48,001

275%

International sales

22,954

111%

26,017

128%

43,719

156%

47,338

155%

140,028

142%

Total retail sales

61,712

54%

69,697

47%

100,039

59%

92,652

69%

324,100

58%

 

Appendix 2

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

£'000s

Q1

YOY%

Q2

YOY%

Q3

YOY%

Q4

YOY%

YTD 2012/13

YOY%

UK sales

49,942

5%

59,025

12%

46,437

8%



155,404

8%

   US sales

12,144

190%

10,993

73%

13,351

78%



36,488

102%

   EU sales

28,911

55%

27,935

18%

30,224

27%



87,070

32%

   ROW sales

36,123

233%

37,848

113%

43,912

71%



117,883

117%

International sales

77,178

129%

76,776

61%

87,487

54%



241,441

75%

Total retail sales

127,120

57%

135,801

35%

133,924

34%



396,845

41%












Total group revenues

130,692

54%

139,234

34%

137,760

34%



407,686

39%

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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