Asos Results Presentation Deck
May 2023, 36 slides
  1. Asos
  2. Results Presentation Decks
i | Asos
agenda | Asos
strong foundations for sustainable profit and cash | Asos
agenda | Asos
the driving change agenda underpins journey to sustainable profit and cash generation | Asos
accelerated change in buying and merchandising resulting more customer offer and more efficient stock management | Asos
| Asos
structured approach to reducing stock with stock turn returning to pandemic levels by | Asos
is new initiatives to increase long term flexibility in the assortment | Asos
is new initiatives to increase long term flexibility in the assortment | Asos
mitigate the impact of inflation and improve profitability we | Asos
mitigate the impact of inflation and improve profitability | Asos
through driving change actions we have more than of benefits in split between four main categories | Asos
profit measures have been taken to address unprofitable brands geographies and customer behaviours a | Asos
enhanced flexibility to support agenda for change | Asos
enhanced flexibility to support agenda for change financial flexibility through to | Asos
investment to support innovation in key initiatives | Asos
focus the on operations simplify decision making and embed a high performance culture ensure the best | Asos
focus the on operations simplify decision making and embed a high performance culture ensure the best nines | Asos
the management committee blends best in class external hires with home grown talent i | Asos
agenda | Asos
financial performance reflects focus on profit over top line growth in a challenging trading environment | Asos
| Asos
focus on profitability is delivering order economics and increased customer share of wallet at the expense of growth | Asos
key by segment | Asos
on an adjusted basis gross margin was broadly flat versus both and in the face of significant | Asos
phasing of driving change benefits and resulted in an adjusted loss in | Asos
warehouse and other costs reflecting the majority of | Asos
free cash outflow derived from reported loss and weighted | Asos
agenda | Asos
return to profit in with abating and over of driving change benefits from initiatives already in place | Asos
current trading outlook | Asos
action taken over the last six months lays strong foundations for sustainable profitability and in and beyond | Asos
a | Asos
i | Asos
adjusting items for totalled with a cash impact of adjusting items for guided to be in the range of | Asos
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