Asos: solid annual results.
(CercleFinance.com) - Unveiled on Tuesday morning, the Asos' FY accounts were marked by a 145% leap in pre-tax profit, to 80 million pounds.
The UK's online clothing retailer also recorded a 34% increase in retail sales to around 1.88 billion pounds.
Optimistic, the group now targets sales growth in a range of 25% to 30% for the current fiscal year. The group's Ebit margin is expected to be stable at around 4%, in line with the consensus.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
The UK's online clothing retailer also recorded a 34% increase in retail sales to around 1.88 billion pounds.
Optimistic, the group now targets sales growth in a range of 25% to 30% for the current fiscal year. The group's Ebit margin is expected to be stable at around 4%, in line with the consensus.
Copyright (c) 2017 CercleFinance.com. All rights reserved.