RNS14 Oct 2010 08:09
Just keeps getting better!!!
ASOS plc
Leading online fashion store
Trading Statement for the 3 months ended 30 September 2010
Q2
Q2
H1
H1
£'000s
2010/11
2009/10
Increase
2010/11
2009/10
Increase
Retail sales
69,697
47,456
47%
131,409
87,657
50%
- UK sales
43,680
36,045
21%
82,438
65,356
26%
- Total International sales
26,017
11,411
128%
48,971
22,301
120%
- US sales
3,752
955
293%
6,564
1,896
246%
- EU sales
13,880
8,118
71%
28,056
16,435
71%
- ROW sales
8,385
2,338
259%
14,351
3,970
261%
Group revenues*
73,849
51,942
42%
139,656
96,503
45%
*Includes retail sales, postage and packaging (P&P) income and 3rd party revenues
Q2 Highlights (July - September 2010)
· Retail sales up 47% year on year (UK +21% / International +128%)
· US dedicated website went live during September 2010
· New warehouse "fit out" on track for commissioning in Spring 2011
H1 Highlights (April - September 2010)
· Retail sales up 50% year on year (UK +26% / International +120%)
· International sales mix 37%
· Retail gross margin ahead of prior year
Nick Robertson, CEO, commented:
"I am pleased to report continued strong sales growth, both in the UK and Internationally. Our US website launched during September and we expect to be live with both our French and German websites by the end of October 2010. With retail gross margin ahead of prior year and costs tightly managed, we expect our full year results to be in line with market expectations."
Investor and Analyst Conference call
There will be a conference call for investors and analysts that will take place at 8.30am today. Dial in details for the call are as follows:
Dial in +44 (0)1452569335 PIN 15902307