Asos Results Presentation Deck
Strong foundations for growth re-established
Revenue growth of 17% CAGR
Total Constant Currency Sales Growth Y-on-Y
24%
FY18
12%
102.0
FY19
FY18
(£'m)
19%
Profit before Tax Excluding Estimated COVID Benefits* in FY20 and FY21
FY20
Restoration of structural profitability
33.1
97.1
FY19
(£'m)
*Estimated COVID benefit excluded of £45.0m in FY20 and £67.3m in FY21
FY20
(£'m)
22%
FY21
126.3
FY21
(£'m)
Driving a cycle of reinvestment through
operational excellence
●
●
£80m non-strategic costs removed from the
P&L in FY20 & FY21
£35m efficiencies in Eurohub due to automation
60bps increase in marketing spend in FY21 vs
FY19
Strengthened balance sheet and
strong FCF generation
"
42.7
FY18 Closing
Net Cash
Cash generation
Topshop
acquisition
Financing
activities
199.5
FY21 Closing
Net cash
LO
5
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