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Asos confident for 2016 as sales jump by 30% Asos confident for 2016 as sales jump by 30%
(35 minutes later)
The online fashion retailer ASOS says its confident of meeting this year's profit target as it reported a jump in sales. The online fashion retailer Asos says its confident of meeting this year's profit target as it reported a jump in sales.
The company said sales had increased by 30% in the four months to June.The company said sales had increased by 30% in the four months to June.
Chief executive Nick Beighton said he "was confident in delivering current market pretax profit expectations for the year".Chief executive Nick Beighton said he "was confident in delivering current market pretax profit expectations for the year".
He added that he expected full year sales growth at the top end of forecasts.He added that he expected full year sales growth at the top end of forecasts.
Sales were £500.5m for the period versus £386m last year, with the number of active customers increasing by 24% to 12 million by the end of June.Sales were £500.5m for the period versus £386m last year, with the number of active customers increasing by 24% to 12 million by the end of June.
Sales were strong both in the UK, which posted a rise of 28% to £203m and internationally which rose by 31% to £297m.Sales were strong both in the UK, which posted a rise of 28% to £203m and internationally which rose by 31% to £297m.