Business
AGM Statement
AGM Statement.
About this update from Asos Plc
[{"type":"text","content":"\n RNS Number : 8953Z ASOS PLC 30 September 2009 \n \nFOR RELEASE\n7.00 AM\n30 September 2009\nASOS plc\n('ASOS')\nUK's leading online fashion store\n\nAGM Statement \nand\nTrading Update\n\n\nASOS sales up 47% for the 6 months to 30 September 2009 \n\n\nInternational sales up 110% for the 6 months to 30 September 2009 \n\n\n1.2m active customers at 30 September 2009 compared to 890,000 at 28 September 2008 \n\n\nTrading in line with expectations\n\n\nView the outlook for the full year with confidence\n\n\nLord Waheed Alli, the Chairman, will make the following comments on current trading at the Annual General Meeting to be held at 11.00 am today at JPMorgan Cazenove, 20 Moorgate, London, EC2R 6DA.\n'I am pleased to report another strong first half performance for ASOS. Sales for the 6 months to 30 September are 47% ahead of the comparable period last year with International sales increasing by over 110%, representing around 25% of total sales for the period. \nThe results to date are in line with management's expectations. We expect the first half outcome to be marginally ahead of the prior year and continue to view the outlook for the full year with confidence. \nAs at 30 September 2009, ASOS has 1.2m active customers, up from 890,000 at the same point last year. \nHighlights from the period include; the introduction of Gap and Mango, the launch of Menswear into our Outlet offer and the introduction of 'free returns' for all our UK customers. Additionally, we added a further 56 countries to our International shipping list taking the total to 114 compared to 58 at the time we issued our full year results. We also enhanced our delivery options for International customers, introducing fixed rate and express shipping options.'\n\nA further trading update will be provided at the time of the interim results for the six months ended 30 September 2009, which will be released on 16 November 2009.\n \nFor further information: \nASOS plc \nNick Robertson, Chief Executive  ...