British Fashion Electronics ASOS Profits Plunge 14%

After the three profit warning in fiscal year 2014, ASOS PLC (ASOS.L) released its full results today: the pre tax profit of ASOS PLC fell 14% in the 2014 fiscal year ended August 31, 2014, falling from 4690.1 pounds a year earlier to 4690.1 pounds, far below the expected 54 million 700 thousand pounds in the previous fiscal year.

However, due to higher than expected 45 million pounds after the previous cut, ASOS PLC shares opened up 8%, and continued to rise, the deadline for non stylish Chinese net publishing time increased to 13.94% at 2215 pence.

Nick Robertson, co-founder and chief executive of ASOS PLC, said that many things happened in the 2014 fiscal year group, but still achieved a 27% increase in retail revenue and 35% increase in retail sales in the United Kingdom, with an increase of 25% to 8 million 848 thousand in active users.

So far in 2014, ASOS PLC's share price has fallen by nearly 70%. Barnes Leigh The fire broke out in the distribution center in June, causing the site to be suspended for nearly 2 days.

For ASOS PLC's current "misfortune", Nick Robertson uses "we are in an era of short-term interest focusing on investment, but the medium and long term investment returns are huge".

　　 Nick Robertson I am also in the process of breaking up my marriage and getting divorced, which has led to greater investor concern over ASOS PLC. The market fear that 9.3% of Nick Robertson may sell stock cash to pay huge alimony.

Earlier, rumors have repeatedly said, including eBay Inc. (NASDAQ:EBAY) and Amazon.com Inc. (NASDAQ:AMZN), Amazon Group intends to become a shareholder. ASOS PLC, through the ASOS PLC to further expand the fashion business and international business, the news also repeatedly boosted the ASOS PLC share price.

In the 2014 fiscal year ended August 31, 2014, ASOS PLC's retail revenue rose 27% to 955 million 300 thousand pounds, of which British retail sales increased by 35% to 372 million 200 thousand pounds, and the international market increased 22% to 583 million 100 thousand pounds.

The group's gross retail profit in fiscal 2014 rose 22%, from 398 million 600 thousand pounds in the same period last year to 485 million pounds, but gross margin fell to 48.7% at 210 basis points; earnings per share fell 10%, from 49.2 pence in the same period last year to 44.5 pence, and cash and cash equivalents Rose 4% to 74 million 340 thousand pounds.

ASOS PLC today announced the promotion of CFO Nick Beighton as chief operating officer, and will look for alternatives as new CFO..