Автор
Reuters
Опубликовано
29 июн. 2009 г.
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UK online retailer ASOS year profit doubles

Автор
Reuters
Опубликовано
29 июн. 2009 г.

LONDON, June 29 (Reuters) - British Internet fashion retailer ASOS Plc (ASOS.L) on Monday 29 June posted an expected 93 percent rise in full-year profit and said it was confident of another year of strong growth.

ASOS
www.asos.com

The group, whose ASOS.com website targets internet-savvy 18 to 34 year olds looking to emulate the designer looks of celebrities such as Kate Moss and Victoria Beckham but at fraction of the price, made a pretax profit of 14.1 million pounds ($23.30 million) for the year to March 31.

This compares with analysts' consensus forecast of 14.2 million pounds, according to Reuters Estimates, and 7.3 million pounds in the previous year.

Sales increased 104 percent to 165.4 million pounds but growth has slowed to 52 percent for the 13 weeks to June 26.

Shares in ASOS, which have increased in value by 52 percent over the last six months, closed Friday 26 June at 380 pence, valuing the business at 276 million pounds.

(Reporting by James Davey; editing by Lorraine Turner)

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