TIDMASC
RNS Number : 2626H
ASOS PLC
10 July 2012
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
----------------------------------
GBP'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 GBP137m.
"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
GBP'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
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%
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
GBP'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%
-------------- ------- ---- ------- ---- ------- ---- ---- ----------- ----
This information is provided by RNS
The company news service from the London Stock Exchange
END
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