The online fashion retailer posted a 26% surge on its FY16 revenues to reach £1,445m. Retail sales amounted £1,403m. Sales in the home market were up 27% to £603.8m. International sales edged up 25% to reach £799.9m, contributing 57% to total retail sales. A strong favourable momentum was experienced in the USA with a 50% sales’ rise (£179.2m), underpinned by a positive FX impact as the performance at constant rates was 40%. In Europe, retail sales amounted

20 Oct 2016
Disappointing expected slowdown in FY17 despite an impressive performance in FY16

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Disappointing expected slowdown in FY17 despite an impressive performance in FY16
ASOS Plc (ASC:LON) | 316 15.8 1.6% | Mkt Cap: 377.2m
- Published:
20 Oct 2016 -
Author:
Rim BEN SALAH -
Pages:
2 -
The online fashion retailer posted a 26% surge on its FY16 revenues to reach £1,445m. Retail sales amounted £1,403m. Sales in the home market were up 27% to £603.8m. International sales edged up 25% to reach £799.9m, contributing 57% to total retail sales. A strong favourable momentum was experienced in the USA with a 50% sales’ rise (£179.2m), underpinned by a positive FX impact as the performance at constant rates was 40%. In Europe, retail sales amounted