Asos has reported sales growth in the low range of guidance in H1 and its operating margin was slightly down. Sales increased by 25% at CER and the operating profit edged up 9.6%. Guidance is maintained unchanged for sales and the operating margin, but upgraded for capex.
11 Apr 2018
Sales jump and operating profit shrinks
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Sales jump and operating profit shrinks
ASOS plc (ASC:LON) | 351 9.8 0.8% | Mkt Cap: 419.1m
- Published:
11 Apr 2018 -
Author:
Rim BEN SALAH -
Pages:
2
Asos has reported sales growth in the low range of guidance in H1 and its operating margin was slightly down. Sales increased by 25% at CER and the operating profit edged up 9.6%. Guidance is maintained unchanged for sales and the operating margin, but upgraded for capex.