TIDMASC
RNS Number : 5511X
ASOS PLC
14 January 2014
14 January 2014
ASOS plc ("the Company")
Global Online Fashion Destination
Trading Statement for the four months ended 31 December 2013
Four months to 31 December
GBP'000s 2013/14 2012/13 Increase
---------------------------------- --------- --------- ---------
UK retail sales 133,667 97,713 37%
---------------------------------- --------- --------- ---------
US retail sales 32,253 25,280 28%
EU retail sales 87,295 51,780 69%
ROW retail sales 82,450 69,083 19%
---------------------------------- --------- --------- ---------
Total International retail sales 201,998 146,143 38%
---------------------------------- --------- --------- ---------
Total retail sales 335,665 243,856 38%
---------------------------------- --------- --------- ---------
Total group revenues* 342,567 249,219 37%
---------------------------------- --------- --------- ---------
* Includes retail sales, delivery receipts and third party
revenues.
Highlights
-- Retail sales +38% year on year (UK +37%, International +38%)
-- International retail sales 60% of total (60% last year)
-- Retail gross margin up c.90bps on prior year
-- 7.9 million active customers* at 31 December 2013 (+41% year on year)
-- Strong balance sheet and cash position
*Defined as having shopped in the last 12 months
Nick Robertson, CEO, commented:
"We have enjoyed another strong Christmas and made a good start
to the financial year, with retail sales growth for the four months
to 31 December 2013 up 38% to GBP335.7m.
Retail sales in the UK were particularly strong at +37%, and
internationally sales grew by 38% with a notable performance from
the EU segment at +69%. These results were driven by significant
improvements to our customer proposition, including better delivery
options, additional payment methods and the roll out of our premier
service in key international markets.
Pleasingly we ended the period with 7.9 million active
customers, 41% ahead of prior year, and our retail gross margin
also increased, by 90 bps, reflecting tighter stock control.
Work on significantly increasing the capacity of our Barnsley
site continues and we plan to open our central European
distribution centre later this year.
The business continues to trade in line with expectations".
Analyst/Investor conference call:
ASOS will be hosting a conference call for analysts and
investors at 8:30am (UK Time) today. Please call Jamie Ramsay at
College Hill for dial-in details on 020 7457 2047 or email
jamie.ramsay@collegehill.com.
A recording of this conference call will be available on the
ASOS Plc investor centre website later today:
http://www.asosplc.com/investors.aspx
Photography:
Latest photography will be available at:
http://www.asosplc.com/media/image-library.aspx
For further information:
ASOS plc Tel: 020 7756 1000
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 selling over
65,000 branded and own-label products to fashion forward
twenty-somethings through our website, asos.com. We ship, for free,
to 237 countries and territories from our 1.1 million square foot
global distribution centre in the UK.
We tailor the mix of own-label, global and local brands sold
through each of our nine local language websites: UK, US, France,
Germany, Spain, Italy, Australia, Russia and China.
ASOS's websites attract 29.5 million unique visitors* a month
(31 December 2012: 23.7 million) and as at 31 December 2013 had
14.8 million registered users (31 December 2012: 10.5 million) and
7.9 million active customers** (31 December 2012: 5.6 million).
* Desktop visitors only; excludes mobile and tablet visitors
** 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
www.asos.com/ru
www.asos.com/cn
m.asos.com
marketplace.asos.com
fashionfinder.asos.com
Appendix 1
Retail sales by quarter for the year ending 31 August 2014
YTD
GBP'000s Q1(1) YOY% Q2(2) YOY% Q3 YOY% Q4 YOY% 2013/14 YOY%
------------------ ------- ---- ----- ---- ---- ---- -------- ----
UK retail sales 133,667 37% 133,667 37%
US retail sales 32,253 28% 32,253 28%
EU retail sales 87,295 69% 87,295 69%
ROW retail
sales 82,450 19% 82,450 19%
International
retail sales 201,998 38% 201,998 38%
------------------ ------- ---- ----- ---- ---- ---- -------- ----
Total retail
sales 335,665 38% 335,665 38%
------------------ ------- ---- ----- ---- ---- ---- -------- ----
Retail sales by quarter for the year ending 31 August 2013
GBP'000s Q1(1) YOY% Q2(2) YOY% Q3 YOY% Q4 YOY% 2012/13 YOY%
------------------ ------- ---- ------- ---- ------- ---- ------- ---- --------- ----
UK retail sales 97,713 28% 39,866 23% 64,347 39% 74,101 49% 276,027 34%
US retail sales 25,280 56% 10,271 48% 21,255 59% 20,872 59% 77,678 57%
EU retail sales 51,780 29% 25,677 53% 47,215 56% 53,036 73% 177,708 51%
ROW retail
sales 69,083 39% 32,593 34% 60,796 38% 59,922 26% 222,394 35%
International
retail sales 146,143 38% 68,541 43% 129,266 48% 133,830 47% 477,780 44%
------------------ ------- ---- ------- ---- ------- ---- ------- ---- --------- ----
Total retail
sales 243,856 34% 108,407 35% 193,613 45% 207,931 47% 753,807 40%
------------------ ------- ---- ------- ---- ------- ---- ------- ---- --------- ----
Retail sales by quarter for the year ending 31 August 2012
GBP'000s Q1(1) YOY% Q2(2) YOY% Q3 YOY% Q4 YOY% 2011/12 YOY%
------------------ ------- ---- ------ ---- ------- ---- ------- ---- ------- ----
UK retail sales 76,581 11% 32,386 4% 46,437 8% 49,854 15% 205,258 10%
US retail sales 16,209 154% 6,928 66% 13,351 78% 13,097 65% 49,585 91%
EU retail sales 40,118 37% 16,728 29% 30,224 27% 30,678 22% 117,748 29%
ROW retail
sales 49,654 196% 24,317 106% 43,912 71% 47,413 53% 165,296 94%
International
retail sales 105,981 102% 47,973 66% 87,487 54% 91,188 42% 332,629 64%
------------------ ------- ---- ------ ---- ------- ---- ------- ---- ------- ----
Total retail
sales 182,562 50% 80,359 34% 133,924 34% 141,042 31% 537,887 38%
------------------ ------- ---- ------ ---- ------- ---- ------- ---- ------- ----
(1) Four months to 31 December
(2) Two months to 28 February
This information is provided by RNS
The company news service from the London Stock Exchange
END
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