ASOS PLC (FRA:DYQ)

€ 4.248 -0.1 (-2.3%) Market Cap: 539.77 Mil Enterprise Value: 1.24 Bil PE Ratio: 0 PB Ratio: 0.85 GF Score: 67/100

ASOS PLC Trading Statement Call Transcript

Jan 23, 2020 / 08:30AM GMT

Release Date Price: €39.42 (+12.05%)

Transcript

Operator

Ladies and gentlemen, welcome to the ASOS P1 Trading Update hosted by CEO, Nick Beighton; and CFO, Matt Dunn. My name is Joshua, and I'll be your conference coordinator for today's call. (Operator Instructions)

I will now hand over to Nick Beighton. Nick, please go ahead.

Nicholas Beighton

ASOS Plc - CEO, Member of Executive Board & Director

Thank you, operator. Good morning, everyone, and thanks for joining our call for P1 trading update. That, of course, covers the 4 months to the 31st of December. We're aiming to keep it relatively short as it's still very early in the financial year. In terms of format, I'll start with an overview and an update on progress we're making against our key priorities, the ones we set out in October, before handing over to Matt. And then, of course, we'll take questions at the end.

So let me start with a quick overview. This is an important period for ASOS. With our warehouse transition issues behind us, we're focused on restoring consistent execution and rebuilding customer momentum. And it's fair to say

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