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Last checked at 
10 Jul 2012 07:00
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 | |||
£'000s | 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% |
Total retail sales | 136,887 | 104,217 | 31% |
Total group revenues* | 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% |
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