ASOS PLC (CHIX:ASCl)

£ 4.286 0 (0%) Market Cap: 517.98 Mil Enterprise Value: 1.10 Bil PE Ratio: 0 PB Ratio: 0.99 GF Score: 39/100

ASOS PLC Trading Statement Call Transcript

Jan 13, 2021 / 08:30AM GMT

Transcript

Nicholas Beighton

ASOS Plc - CEO, Member of Executive Board & Director

Good morning, everybody, and thank you for joining our P1 trading update. We'll cover, this morning, the 4 months to the 31st of December. I hope you're all keeping well, and you were able to enjoy Christmas as best you possibly could.

In terms of the call, I'll start with an overview of the period before providing a little more detail on what we've seen from our customers in terms of behavior and demand. I'll then hand over to Matt, who'll talk you through the P1 performance in a little more detail, our Brexit planning and some of the moving parts from a financial perspective on what this means throughout the outlook.

Following that, I'll take the opportunity to look a little bit further ahead and talk about our supply chain development, including our plans for automating the U.S. facilities. I'll then also hand over to questions.

So let me start with a quick overview of P1. This has clearly been a successful period for us, with sales up 23% on a group basis and 24% on constant currency. When we spoke

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