Trading Statement

RNS Number : 5798M
ASOS PLC
19 September 2012
 



 

 

ASOS plc ("the Company")

Global Online Fashion Store

Trading Statement for the 3 months ended 31 August 2012

 

 


3 months to 31 August

Year to 31 August

£'000s

2011/12

2010/11

Increase

2011/12

2010/11

Increase

UK retail sales

49,854

43,421

15%

205,258

186,748

10%

   US retail sales

13,097

7,919

65%

49,585

25,950

91%

   EU retail sales

30,678

25,110

22%

117,748

91,047

29%

   ROW retail sales

47,413

31,021

53%

165,296

85,349

94%

Total International retail sales

91,188

64,050

42%

332,629

202,346

64%

Total retail sales

141,042

107,471

31%

537,887

389,094

38%








Total group revenues*

145,168

110,694

31%

552,854

403,008

37%

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

 

 

Q4 Highlights

·    Retail sales +31% year on year (UK +15%, International +42%)

·    International sales 65% of total (60% last year)

·    Retail gross margin up 70bps on prior year

·    5 million active customers* at 31 August 2012 (+35% year on year)

 

 

Nick Robertson, CEO, commented:

""I am pleased to report that trading for the three months to 31 August 2012 has been strong, with total retail sales up 31% to £141m. Retail sales for the year to 31 August 2012 increased 38% to £538m.

"Our UK performance was encouraging at +15%, and our International business grew by +42%.  International equated to 65% of our sales over the period up from 60% last year.  Our sales performance in those markets where we have a website continue to outperform.  Despite investing in our pricing, I'm pleased to say that our retail gross margin improved by 70bps over the period.

"Profit for the five months ended 31 August 2012 and pro forma full year, are expected to be in line with expectations, and we approach our new financial year with continued confidence."

 

 

*Defined as having shopped in the last 12 months


 

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 18.8 million unique visitors a month (Q4 2011 11.1 million) and as at 31 August 2012 had 9.2 million registered users (31 August 2011: 6.4 million) and 5.0 million active customers* (31 August 2011: 3.7 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 2012

£'000s

Q1

YOY%

Q2

YOY%

Q3

YOY%

Q4

YOY%

YTD 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%

 

Pro forma split of retail sales by quarter for the year ending 31 August 2011

£'000s

Q1

YOY%

Q2

YOY%

Q3

YOY%

Q4

YOY%

2010/11

YOY%

UK sales

47,383

23%

52,857

20%

43,087

20%

43,421

1%

186,748

16%

International sales

33,680

128%

47,719

161%

56,897

154%

64,050

153%

202,346

151%

-     US sales

4,186

254%

6,365

227%

7,480

176%

7,919

144%

25,950

186%

-     EU sales

18,647

79%

23,576

105%

23,714

68%

25,110

77%

91,047

81%

-     ROW sales

10,847

241%

17,778

265%

25,703

363%

31,021

295%

85,349

298%

Total retail sales

81,063

53%

100,576

62%

99,984

71%

107,471

58%

389,094

61%

 


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