Asos Results Presentation Deck slide image

Asos Results Presentation Deck

2023 asos Adjusting items mostly relate to the Driving Change agenda Driving Change agenda Commercial operating model change Property-related costs Other strategic initiatives Amortisation of acquisition intangibles Other items Total Total adjustments before tax (133.2) (60.7) (31.0) (10.7) 9.2 (226.4) Key adjusting items c.£130m stock write-off for transition to new model 95% of stock identified for offsite clearance sold c.£53.8m cash outflow from adjusting items, of which £31m relates to refi fees 10 asos
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