Business
Notice of Results and Trading Update
Notice of Results and Trading Update.
About this update from Asos Plc
[{"type":"text","content":"\n\n21 March 2025\nASOS Plc (\"the Company\")\nGlobal Online Fashion Destination\n \nNotice of Results and Trading Update\n \n \nASOS plc, the destination for fashion-loving 20-somethings around the world, will announce its H1 FY25 results on Thursday 24 April 2025.\nAs set out in its November update, the Company expects a significant improvement in profitability in H1 FY25, despite continued volume deleverage, following a strong gross margin development driven by lower markdown activity and increased full-price mix, and continued cost discipline. In H1 FY25, the Company expects revenue growth in line with, and adjusted EBITDA ahead of consensus1.\nEncouragingly ASOS own brand full-price sales, a core engine of its customer proposition, returned to growth in the first half. This was enabled by its market-leading Test & React model, now more than 15% of own-brand sales and growing, ensuring ASOS can offer the most exciting product and set the trends for its fashion-loving customers.\n \nNote:\n1Company-compiled consensus for H1 FY25 as of 20 March 2025 based on nine contributors: Total sales growth (CCY): (13%), Adjusted EBITDA: £34m, Adjusted EBITDA margin: 2.6%. \n \nFor further information:\n\n\n\n\nASOS plc \n\n\n\n\n\n\n\nEmily MacLeod, Head of Strategy & Investor Relations\n\n\nTel: 020 7756 1000\n\n\n\n\n\n\n\n\n\n\n\n\nTeneo\n\n\n \n\n\n\n\nJonathan Sibun / Will Palfreyman\n\n\nTel: 020 7353 4200 \n\n\n\n\n\n\n\n\n\n\n\n\n \nAbout ASOS\nFounded in 2000, ASOS has 20m active customers in over 200 markets. We bring fashion lovers around the world the best and most relevant fashion through our unique own brands including ASOS DESIGN, ASOS EDITION, COLLUSION, Topshop, and Topman, styled with the most exciting products from local and global partner brands. With our expert in-house design team and agile and flexible commercial model, in...