Trading Statement

RNS Number : 8060V

ASOS PLC

19 January 2012

 



ASOS plc

Global Online Fashion Store

Trading Statement for the 3 months ended 31 December 2011

	Q3	Q3
£'000s	2011/12	2010/11	Increase
Retail sales	146,527	100,039	46%
-  UK sales	62,055	56,320	10%
-  Total International sales	84,472	43,719	93%
-       US sales	13,040	5,297	146%
-       EU sales	32,470	24,460	33%
-       ROW sales	38,962	13,962	179%
Group revenues*	150,555	104,126	45%

*Includes retail sales, postage and packaging (P&P) income and 3^rd party revenues

 Q3 Highlights

·    Retail sales + 46% year on year (UK +10%, International +93%)

·    International sales mix 58%

·    Retail gross margin 300 bps up on prior year

Nick Robertson, CEO, commented:

"I am pleased to report a strong third quarter performance across all territories including the UK. Overall retail sales were 46% up year on year and our retail gross margin was 300bps higher over the period, in line with guidance. 

With the business continuing to perform well through these challenging economic times, we remain confident about the outlook and expect our full year results to be in line with market expectations."

ASOS will be hosting a conference call for analysts AND INVESTORS at 0830 HOURS GMT today. Please call Jamie Ramsay at College Hill for dial-in details on 020 7457 2047 or email [e-mail]

19 January 2012

For further information:

ASOS plc	Tel: [phone]
Nick Robertson, Chief Executive
Nick Beighton, Finance Director
College Hill	Tel: [phone]
Matthew Smallwood / Justine Warren / Jamie Ramsay
JPMorgan Cazenove	Tel: [phone]
Luke Bordewich / Gina Gibson
Numis Securities	Tel: [phone]
Alex Ham

Background note

ASOS is a global online fashion and beauty retailer and offers 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 18.5 million unique visitors a month and as at 31 December 2011 had 7.0 million registered users and 4.0 million active customers from 191 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

Split of Retail Sales by Quarter for the Year to Date 2011/2012

£'000s	Q1	YOY%	Q2	YOY%	Q3	YOY%	Q4	YOY%	2011/12	YOY%
UK sales	44,617	15%	44,069	1%	62,055	10%			150,741	9%
International sales	59,600	160%	62,586	141%	84,472	93%			206,658	123%
-     US sales	7,061	151%	8,407	124%	13,040	146%			28,508	140%
-     EU sales	25,487	80%	22,963	65%	32,470	33%			80,920	54%
-     ROW sales	27,052	353%	31,216	272%	38,962	179%			97,230	243%
Total retail sales	104,217	69%	106,655	53%	146,527	46%			357,399	54%

Split of Retail Sales by Quarter for the Year 2010/2011

£'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%
International sales	22,954	111%	26,017	128%	43,719	156%	47,338	155%	140,028	142%
-     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%
Total retail sales	61,712	54%	69,697	47%	100,039	59%	92,652	69%	324,100	58%

 

END

 

 

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