14th Jul 2011 07:00
ASOS plc
Global Online Fashion Store
Trading Statement for the 3 months ended 30 June 2011
Q1 | Q1 | ||
£'000s | 2011/12 | 2010/11 | Increase |
Retail sales | 104,217 | 61,712 | 69% |
- UK sales | 44,617 | 38,758 | 15% |
- Total International sales | 59,600 | 22,954 | 160% |
- US sales | 7,061 | 2,812 | 151% |
- EU sales | 25,487 | 14,176 | 80% |
- ROW sales | 27,052 | 5,966 | 353% |
Group revenues* | 107,279 | 65,807 | 63% |
*Includes retail sales, postage and packaging (P&P) income and 3rd party revenues
Q1 Highlights
·; Strong retail sales + 69% year on year
·; UK retail sales + 15% / International retail sales + 160%
·; International retail sales mix 57%
·; Retail gross margin in line with guidance
·; Warehouse transition completed on budget and ahead of schedule
Nick Robertson, CEO, commented:
"I am pleased to report a strong first quarter performance with retail sales up 69% to £104m.
"Our UK performance was good +15% and our International performance was very strong +160%.
"International sales now represent 57% of the total up from 51% in the last quarter.
"Importantly the transition to our new single warehouse facility in Barnsley was completed during the period, on budget and ahead of schedule.
"The new financial year has started well and we remain positive in our outlook for 2012, with progress to date in line with expectations."
14 July 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 million unique visitors a month and as at 30 June 2011 had 5.8 million registered users and 3.5 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
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% | 44,617 | 15% | ||||||
International sales | 59,600 | 160% | 59,600 | 160% | ||||||
- US sales | 7,061 | 151% | 7,061 | 151% | ||||||
- EU sales | 25,487 | 80% | 25,487 | 80% | ||||||
- ROW sales | 27,052 | 353% | 27,052 | 353% | ||||||
Total retail sales | 104,217 | 69% | 104,217 | 69% |
Split of Retail Sales by Quarter for the Year to Date 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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