ASOS PLC Notice of Full Year Results and Strategy Update (1494R)
24 Ottobre 2023 - 4:41PM
UK Regulatory
TIDMASC
RNS Number : 1494R
ASOS PLC
24 October 2023
24 October 2023
ASOS plc
("ASOS" or the "Company")
Notice of Full Year Results and Strategy Update
ASOS, the destination for fashion-loving 20-somethings around
the world, will now announce its FY23 results on Wednesday 1
November 2023, one week later than previously announced. The short
delay is to allow its auditor, PwC, to complete its planned
testing. PwC has assured the Board that the outstanding procedures
are limited in nature.
The performance for the period to 3 September 2023 is in-line
with that reported at the post-close trading update on 26 September
2023, including:
- Full year adjusted group revenue of GBP3,538m;
- H2 adjusted EBIT of more than GBP38m, resulting in full year
adjusted EBIT loss of no more than GBP31m;
- Inventory reduction of c.30% year-on-year; and
- Cash and undrawn facilities as at 3 September 2023 totalling GBP428m.
The analyst presentation for the FY23 results will be held at
9:30am on 1 November 2023 at ASOS HQ, Greater London House, NW1
7FB. This will include a strategy update hosted by CEO, José
Antonio Ramos Calamonte, and will feature a series of short
presentations from some of the ASOS senior management team who will
provide a broader update on the medium-term outlook. For those
unable to attend in person a live webcast will be available, and a
recording of the presentation will be uploaded to the ASOS investor
relations website afterwards.
For further information:
ASOS plc Tel: 020 7756
1000
José Antonio Ramos Calamonte, Chief Executive
Officer
Sean Glithero, Interim Chief Financial Officer
Michelle Wilson, Senior Director of Strategy
& Corporate Development
Holly Cassell, Head of Investor Relations
Website: www.asosplc.com/investors
Teneo Tel: 0 20 7353
4200
Jonathan Sibun / Will Palfreyman
JPMorgan Cazenove Tel: 020 7742
4000
Bill Hutchings / Will Vanderspar
Numis Securities Tel: 020 7260
1000
Alex Ham / Jonathan Wilcox / Tom Jacob
Berenberg
Tel: 020 3207
7800
Matthew Armitt / Richard Bootle / Marie Moy
Background note
ASOS is a destination for fashion-loving 20-somethings around
the world, with a purpose to give its customers the confidence to
be whoever they want to be. Through its app and mobile/desktop web
experience, available in nine languages and in over 200 markets,
ASOS customers can shop a curated edit of nearly 50,000 products,
sourced from nearly 900 global and local third-party brands
alongside a mix of fashion-led own-brand labels - ASOS Design, ASOS
Edition, ASOS 4505, Collusion, Reclaimed Vintage, Topshop, Topman,
Miss Selfridge and HIIT. ASOS aims to give all of its customers a
truly frictionless experience, with an ever-greater number of
different payment methods and hundreds of local deliveries and
return options, including Next-Day Delivery and Same-Day Delivery,
dispatched from state-of-the-art fulfilment centres in the UK, US
and Germany.
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END
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October 24, 2023 10:41 ET (14:41 GMT)
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