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Last checked at 
14 Oct 2011 07:00
ASOS plc
Global Online Fashion Store
Trading Statement for the 3 months ended 30 September 2011
Q2 | Q2 | H1 | H1 | |||
£'000s | 2011/12 | 2010/11 | Increase | 2011/12 | 2010/11 | Increase |
Retail sales | 106,655 | 69,697 | 53% | 210,872 | 131,409 | 60% |
- UK sales | 44,069 | 43,680 | 1% | 88,686 | 82,438 | 8% |
- Total International sales | 62,586 | 26,017 | 141% | 122,186 | 48,971 | 150% |
- US sales | 8,407 | 3,752 | 124% | 15,468 | 6,564 | 136% |
- EU sales | 22,963 | 13,880 | 65% | 48,450 | 28,056 | 73% |
- ROW sales | 31,216 | 8,385 | 272% | 58,268 | 14,351 | 306% |
Group revenues* | 109,979 | 73,849 | 49% | 217,258 | 139,656 | 56% |
*Includes retail sales, postage and packaging (P&P) income and 3rd party revenues
Q2 Highlights
·; Retail sales + 53%**year on year (UK +1%, International +141%)
·; International sales mix 59%
·; 3 new international websites launched - Australia, Spain and Italy
**Underlying retail sales +61% excluding the impact of a non comparable main summer sale, consequently retail margin significantly ahead over the period.
H1 Highlights
·; Retail sales + 60% year on year (UK +8%, International +150%)
·; International sales mix 58%
·; Retail margin c.+170bps
Nick Robertson, CEO, commented:
"I am pleased to report a strong first half performance. Our retail sales grew 60% over the comparable period, with our International business more than compensating for the economic challenges facing our UK customer base.
"During the period we launched three more country specific sites in Australia, Italy and Spain taking the total number of ASOS sites to 7 (including the UK).
"With costs and stock tightly managed and retail margin ahead of prior year, we are confident of achieving results in line with market expectations."
ASOS will be hosting a conference call for analysts AND INVESTORS at 0830 HOURS BST today. Please call Jamie Ramsay at College Hill for dial-in details on 020 7457 2047 or email jamie.ramsay@collegehill.com
14 October 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 13.6 million unique visitors a month and as at 30 September 2011 had 6.3 million registered users and 3.7 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
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% | 88,686 | 8% | ||||
International sales | 59,600 | 160% | 62,586 | 141% | 122,186 | 150% | ||||
- US sales | 7,061 | 151% | 8,407 | 124% | 15,468 | 136% | ||||
- EU sales | 25,487 | 80% | 22,963 | 65% | 48,450 | 73% | ||||
- ROW sales | 27,052 | 353% | 31,216 | 272% | 58,268 | 306% | ||||
Total retail sales | 104,217 | 69% | 106,655 | 53% | 210,872 | 60% |
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% |
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