Asos Results Presentation Deck

© 2023 asos H1 FY23 Headline Results TOTAL SALES' (£'m) 2,004.1 H1 FY22 (7%) 1,840.6 14.8 ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ H1 FY23 ADJUSTED PBT (£'m) (102.2) (87.4) H1 FY23 ADJUSTED GROSS MARGIN (%) (20bps) 43.1% H1 FY22 86.5 CAPEX5 (£'m) H1 FY22 42.9% H1 FY23 33% 115.0 H1 FY23 ADJUSTED EBIT MARGIN (%) (510bps) 1.3% H1 FY22 FREE CASH OUTFLOW (£'m) (256.5) H1 FY22 H1 FY22 ¹Total sales growth based on constant currency sales growth and excludes Russian sales in H1 FY22 2 Excluding adjusting items totalling £124.6m in H1 FY23 (H1 FY22: £nil. Please see RNS for full breakdown 3 Excluding adjusting items totalling £203.1m in H1 FY23 (H1 FY22: £30.6m). Please see RNS for full breakdown 4 Excluding adjusting items totalling £203.5m in H1 FY23 (H1 FY22: £30.6m). Please see RNS for full breakdown 5 Capex reflects cash capex and excludes any fixed asset additions in relation to the right use of assets as part of IFRS 16 6Free cash flow is calculated by adding net cash used in operating activities, cash used in investing activities and cash generated from financing activities and excluding RCF drawdown All sources: ASOS internal operational records (3.8%) H1 FY23 (6.2) (262.7) H1 FY23 23 asos

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