TIDMASC
RNS Number : 6960Z
ASOS PLC
19 January 2011
ASOS plc
Leading online fashion store
Trading Statement for the 3 months ended 31 December 2010
Q3 Q3
GBP'000s 2010/11 2009/10 Increase
-------------------------- ------------ ----------- ----------
Retail sales 100,039 62,984 59%
- UK sales 56,320 45,934 23%
- Total International
sales 43,719 17,050 156%
- US sales 5,297 1,445 267%
- EU sales 24,460 12,114 102%
- ROW sales 13,962 3,491 300%
-------------------------- ------------ ----------- ----------
Group revenues* 104,126 67,203 55%
-------------------------- ------------ ----------- ----------
*Includes retail sales, postage and packaging (P&P) income
and 3rd party revenues
Q3 Highlights
-- Retail sales up 59% year on year (UK +23% / International
+156%)
-- International sales mix 44%
-- Retail gross margin in line with guidance
-- Marketplace website launched November 2010
-- New warehouse 'fit out' on track for commissioning in Spring
2011
Nick Robertson, CEO, commented:
"I am pleased to report on another very strong quarter with
retail sales growth accelerating to 59%, up from 50% in the first
half. Our UK business grew 23% and our International business grew
156%, helped by the introduction of our US, French and German
websites in October 2010 and a free global shipping offer in the
run up to Christmas. International sales now represent 44% of the
total up from 37% in the first half.
With International sales continuing to perform well, we remain
confident about the outlook and expect our full year results to be
in line with market expectations".
19 January 2011
Analyst Conference call
A conference call for investors and analysts will take place at
8.30am today. Dial in details for the call are as follows:
Dial in 0800 694 0257 or +44(0)1452 555 566
Conference ID: 37758281
For further information:
ASOS plc Tel: 020 7756 1017
Nick Robertson, Chief Executive
Nick Beighton, Finance Director
Website: www.asos.com
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
Established in June 2000 and admitted to AIM in October 2001,
ASOS.com is the UK's largest independent online fashion and beauty
retailer and offers over 40,000 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 primarily at fashion forward 16-34 year olds, ASOS.com
attracts over 11 million unique visitors a month and as at 31
December 2010 had 4.9 million registered users and 2.7 million
active customers (defined as having shopped in the last 12
months).
www.asos.com
Appendix: Split of Retail Sales by Quarter for the Year Ended
2009/2010
GBP'000s Q1 YOY% Q2 YOY% Q3 YOY% Q4 YOY% 2009/10 YOY%
------------------ ------ ---- ------ ---- ------ ---- ------ ---- ------- ----
UK sales 29,311 34% 36,045 33% 45,934 11% 36,281 19% 147,571 22%
International
sales 10,890 145% 11,411 110% 17,050 110% 18,569 76% 57,920 103%
- US
sales 941 216% 955 141% 1,445 71% 2,195 128% 5,536 121%
- EU
sales 8,317 125% 8,118 96% 12,114 96% 12,087 45% 40,636 82%
- ROW
sales 1,632 205% 2,338 189% 3,491 257% 4,287 203% 11,748 215%
------------------ ------ ---- ------ ---- ------ ---- ------ ---- ------- ----
Total retail
sales 40,201 53% 47,456 45% 62,984 28% 54,850 34% 205,491 38%
------------------ ------ ---- ------ ---- ------ ---- ------ ---- ------- ----
Appendix: Split of Retail Sales by Quarter for the Year to Date
2010/2011
YTD
GBP'000s Q1 YOY% Q2 YOY% Q3 YOY% 2010/11 YOY%
------------------- ------ ---- ------ ---- ------- ---- -------- ----
UK sales 38,758 32% 43,680 21% 56,320 23% 138,758 25%
International
sales 22,954 111% 26,017 128% 43,719 156% 92,690 136%
- US
sales 2,812 199% 3,752 293% 5,297 267% 11,861 255%
- EU
sales 14,176 70% 13,880 71% 24,460 102% 52,516 84%
- ROW
sales 5,966 266% 8,385 259% 13,962 300% 28,313 279%
------------------- ------ ---- ------ ---- ------- ---- -------- ----
Total retail
sales 61,712 54% 69,697 47% 100,039 59% 231,448 54%
------------------- ------ ---- ------ ---- ------- ---- -------- ----
This information is provided by RNS
The company news service from the London Stock Exchange
END
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