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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 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. |