Business
ASOS PLC Interim Results
ASOS PLC Interim Results.
About this update from Asos Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 7552U\n ASOS PLC\n 08 April 2021\n \n \n \n \n \n \n \n 8 April 2021 ASOS plc \n \n \n Global Online Fashion Destination\n \n \n \n Interim Results for the six months to 28 February 2021\n \n \n \n \n \n ASOS delivers record results driven by exceptional execution\n \n \n \n \n \n Summary financial results\n \n \n \n \n \n \n \n \n \n £m1\n \n \n \n \n Six months to\n \n \n 28 February\n \n \n 2021\n \n \n \n \n Six months to\n \n \n 29 February\n \n \n 2020\n \n \n \n \n \n \n \n Change\n \n \n \n \n CCY2 Change\n \n \n \n \n \n \n Group revenues3\n \n \n \n \n 1,975.9\n \n \n \n \n 1,596.8\n \n \n \n \n \n 24%\n \n \n \n \n \n \n \n \n \n 25%\n \n \n \n \n \n \n \n \n \n \n Retail sales4\n \n \n \n \n 1,919.9\n \n \n \n \n 1,551.4\n \n \n \n \n \n 24%\n \n \n \n \n \n \n \n \n \n 25%\n \n \n \n \n \n \n \n \n \n \n Gross profit \n \n \n \n \n 890.0\n \n \n \n \n 750.0\n \n \n \n \n \n 19%\n \n \n \n \n \n \n \n \n \n \n \n \n \n Gross margin\n \n \n \n \n 45.0%\n \n \n \n \n 47.0%\n \n \n \n \n (200bps)\n \n \n \n \n \n \n \n \n \n Adjusted EBITDA\n \n 5\n \n \n \n \n \n \n 180.\n \n \n 8\n \n \n \n \n \n 95.3\n \n \n \n \n \n 90%\n \n \n \n \n \n \n \n \n \n \n \n \n \n Adjusted EBITDA Margin\n \n \n \n \n 9.2%\n \n \n \n \n 6.0%\n \n \n \n \n 320bps \n \n \n \n \n \n \n \n \n \n Adjusted EBIT\n \n 6\n \n \n \n \n \n 116.2\n \n \n \n \n 34.6\n \n \n \n \n \n 236%\n \n \n \n \n \n \n \n \n \n \n \n \n \n Adjusted EBIT Margin\n \n \n \n \n 5.9%\n \n \n \n \n 2.2%\n \n \n \n \n 370bps \n \n \n \n \n \n \n \n \n \n Reported profit before tax \n \n \n \n \n 106.4\n \n \n \n \n 30.1\n \n \n \n \n \n 253%\n \n \n \n \n \n \n \n \n \n \n \n \n \n Adjusted profit before tax7\n \n \n \n \n 112.9\n \n \n \n \n 30.1\n \n \n \n \n \n 275%\n \n \n \n \n \n \n \n \n \n \n \n \n \n Diluted earnings per share\n \n \n \n \n 81.9p\n \n \n \n \n 27.5p\n \n \n \n \n \n 198%\n \n \n \n \n \n \n \n \n \n \n \n \n \n Net cash/(debt)8\n \n \n \n \n 92.0\n \n \n \n \n (163.6)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n 1\n \n \n \n All numbers subject to rounding throughout this document, \n \n \n \n 2\n \n...