2020 Full Year Results
14 October 2020
1
Overview
Nick Beighton | CEO
2
Results summary
Retail Sales | EBITDA Margin* | PBT | |
+19% | 7.4% | £142.1m | |
UK +18% | EU +22% | +350bps YoY | Including c.£45m Covid-19 |
tailwind | |||
US +18% | ROW +18% | ||
Net Cash* | Active customers |
£407.5m | 23.4m |
Strong financial | +3.1m in the year |
position |
*EBITDA margin is excluding IFRS 16; including IFRS 16 is 8.2% +430bps YoY | 3 |
Net cash is cash and cash equivalents less borrowings | |
Strengthened foundations for growth with
delivery against key priorities
1 | 2 | 3 | ||||||||
Strengthen organisational | Remove | Product choice, availability, | ||||||||
capabilities | non-strategic cost | price & newness | ||||||||
4 new executive appointments | Progress across business supported | Product mix pivoted to drive | ||||||||
completing 8 strong new exec team | the c.180bps improvement in | greater choice in lockdown | ||||||||
underlying profitability | categories | |||||||||
4 | 5 | 6 | ||||||||
Presentation | Optimise customer | Leverage benefits | ||||||||
& social media engagement | acquisition retention | from transformational investments | ||||||||
Over 79 million engagements | 3.1m customers added to base | Euro Hub pick rate +57% | ||||||||
through social channels | alongside marketing cost efficiency | |||||||||
4
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ASOS plc published this content on 14 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 October 2020 07:29:03 UTC