ASOS total sales rocket 35%
Retail sales rose 38% to £206m with UK sales up 23% and international retail sales up 101%. Profit before tax is expected to be in line with market expectations. ASOS said that sales have accelerated since the year-end, retail sales for the 19 days to 19 April up 56% (UK up 25%), international up 148%.
Chief executive Nick Robertson said: "It was another excellent year for ASOS, total sales rose 35% and profit before tax is likely to be in line with market expectations. "The year was characterised by more conservative planning, specifically around stock levels, a focus on operational and financial controls and the introduction of key customer initiatives such as free returns.
"Simultaneously we have been developing our international business and remain on track to launch our US, French and German websites this year."
Email this article to a friend
You need to be logged in to use this feature.
Please log in here