• 18 Jul 2019

Guidance downgraded once again

ASOS | ASC | 2,980 1192 1.4% | Mkt Cap: 2,501m

    • Rim BEN SALAH

    • 2 pages

Clothes & Apparel image


 
Clothes & Apparel image


Asos disappointed the market in its four months to June. Sales growth slowed down to 11% with poor growth in Europe and the US. Guidance was downgraded to around 11% full-year growth and PBT in the range of £30-35m.


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