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