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Market Cap: £331.43m
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Trading Statement

14 Jul 2011 07:00

RNS Number : 3606K
ASOS PLC
14 July 2011
 



 

ASOS plc

Global Online Fashion Store

 

Trading Statement for the 3 months ended 30 June 2011

 

Q1

Q1

£'000s

2011/12

2010/11

Increase

Retail sales

104,217

61,712

69%

- UK sales

44,617

38,758

15%

- Total International sales

59,600

22,954

160%

- US sales

7,061

2,812

151%

- EU sales

25,487

14,176

80%

- ROW sales

27,052

5,966

353%

Group revenues*

107,279

65,807

63%

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

 

 Q1 Highlights

 

·; Strong retail sales + 69% year on year

·; UK retail sales + 15% / International retail sales + 160%

·; International retail sales mix 57%

·; Retail gross margin in line with guidance

·; Warehouse transition completed on budget and ahead of schedule

 

Nick Robertson, CEO, commented:

 

"I am pleased to report a strong first quarter performance with retail sales up 69% to £104m.

 

"Our UK performance was good +15% and our International performance was very strong +160%.

 

"International sales now represent 57% of the total up from 51% in the last quarter.

 

"Importantly the transition to our new single warehouse facility in Barnsley was completed during the period, on budget and ahead of schedule.

 

"The new financial year has started well and we remain positive in our outlook for 2012, with progress to date in line with expectations."

 

14 July 2011

 

For further information:

 

ASOS plc

 

Tel: 020 7756 1017

Nick Robertson, Chief Executive

Nick Beighton, Finance Director

College Hill

Tel: 020 7457 2020

Matthew Smallwood / Justine Warren / Jamie Ramsay 

JPMorgan Cazenove 

Tel: 020 7588 2828

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 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 16-34 year olds globally, ASOS attracts 13 million unique visitors a month and as at 30 June 2011 had 5.8 million registered users and 3.5 million active customers 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

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%

44,617

15%

International sales

59,600

160%

59,600

160%

- US sales

7,061

151%

7,061

151%

- EU sales

25,487

80%

25,487

80%

- ROW sales

27,052

353%

27,052

353%

Total retail sales

104,217

69%

104,217

69%

 

Split of Retail Sales by Quarter for the Year to Date 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%

 

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