TIDMASC

RNS Number : 8060V

ASOS PLC

19 January 2012

ASOS plc

Global Online Fashion Store

Trading Statement for the 3 months ended 31 December 2011

 
                                           Q3        Q3 
 GBP'000s                             2011/12   2010/11   Increase 
-----------------------------------  --------  --------  --------- 
 Retail sales                         146,527   100,039        46% 
 
    *    UK sales                      62,055    56,320        10% 
 
    *    Total International sales     84,472    43,719        93% 
 
        *    US sales                  13,040     5,297       146% 
 
        *    EU sales                  32,470    24,460        33% 
 
        *    ROW sales                 38,962    13,962       179% 
-----------------------------------  --------  --------  --------- 
 Group revenues*                      150,555   104,126        45% 
-----------------------------------  --------  --------  --------- 
 

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

Q3 Highlights

   --    Retail sales + 46% year on year (UK +10%, International +93%) 
   --    International sales mix 58% 
   --    Retail gross margin 300 bps up on prior year 

Nick Robertson, CEO, commented:

"I am pleased to report a strong third quarter performance across all territories including the UK. Overall retail sales were 46% up year on year and our retail gross margin was 300bps higher over the period, in line with guidance.

With the business continuing to perform well through these challenging economic times, we remain confident about the outlook and expect our full year results to be in line with market expectations."

ASOS will be hosting a conference call for analysts AND INVESTORS at 0830 HOURS GMT today. Please call Jamie Ramsay at College Hill for dial-in details on 020 7457 2047 or email jamie.ramsay@collegehill.com

19 January 2012

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 twenty somethings globally, ASOS attracts 18.5 million unique visitors a month and as at 31 December 2011 had 7.0 million registered users and 4.0 million active customers from 191 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

 
GBP'000s                  Q1  YOY%       Q2  YOY%       Q3  YOY%  Q4  YOY%  2011/12  YOY% 
-------------------  -------  ----  -------  ----  -------  ----      ----  -------  ---- 
UK sales              44,617   15%   44,069    1%   62,055   10%            150,741    9% 
International 
 sales                59,600  160%   62,586  141%   84,472   93%            206,658  123% 
 
    *    US sales      7,061  151%    8,407  124%   13,040  146%             28,508  140% 
 
    *    EU sales     25,487   80%   22,963   65%   32,470   33%             80,920   54% 
 
    *    ROW sales    27,052  353%   31,216  272%   38,962  179%             97,230  243% 
-------------------  -------  ----  -------  ----  -------  ----      ----  -------  ---- 
Total retail 
 sales               104,217   69%  106,655   53%  146,527   46%            357,399   54% 
-------------------  -------  ----  -------  ----  -------  ----      ----  -------  ---- 
 

Split of Retail Sales by Quarter for the Year 2010/2011

 
GBP'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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