ASOS PLC (FRA:DYQ)

€ 5.03 0.034 (0.68%) Market Cap: 637.37 Mil Enterprise Value: 1.34 Bil PE Ratio: 0 PB Ratio: 0.99 GF Score: 65/100

Q3 2021 ASOS PLC Trading Statement Call Transcript

Jul 15, 2021 / 07:00AM GMT

Release Date Price: €47.42 (-12.05%)

Transcript

Nicholas Beighton

ASOS Plc - CEO, Member of Executive Board & Director

Good morning, all, and welcome to our P3 results that we're doing today which, of course, covered the last 4 months to the 30th of June 2021. I'll start by taking you through a high-level overview of the results and a little bit more color on the Topshop integration progress and also our new partnership that we announced earlier this week with Nordstrom. I'll then hand over to Mat who will take you through a bit more detail and then perhaps some of the moving parts. And then the course, we'll hand over to questions at the end.

So let me start. A quick overview of P3, P3 with another strong performance for ASOS against a volatile backdrop. The varied restrictions have an effect on changes in [man hand] and the global supply chain pressures have impacted our flexibility to the end. Our reported growth was 31% year-on-year for the group on a constant currency basis. But for clarity and comparability, we've adjusted the return [on this movement] from last year. So I'm going to refer to the underlying constant currency rates

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