Company Earnings Update 2 minutesRegister for Free AccessASOS (LON: ASC) 1H16 Results: Beats Consensus on Earnings with Strong Results Coresight Research April 12, 2016 Executive Summary ASOS reported 1H16 revenue growth of 21.2%, to £667.3 million, which was in line with the consensus estimate. Diluted adjusted EPS was up 15.3%, to 20.3 pence, versus consensus of 19.0 pence. EBIT was up 16.6%, to £21.0 million, beating expectations of £19.9 million. EBT was up 17.8%, to £21.2 million, above the consensus of £20.3 million. Profit for the period was £15.2 million, an increase of 6.3% versus 1H15. ASOS continued to invest in price, fulfillment and marketing, and the company reported strong revenue growth in the UK, the US and the EU. The company decided to discontinue its in-country operations in China after having incurred losses there. It expects to deliver results that are in line with market expectations for the remainder of FY16. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Analyst Corner—Trimming Waistlines and Spending: Exploring New Data on GLP-1’s Impact on Consumer Purchases, with John MercerHot Tech Trends and Cool Products Unveiled: CES 2025 Pre-Conference InsightsAnalyst Corner—DeepSeek Opens the Door for AI Democratization: The AI Opportunity, with Charlie PoonNRF 2025: Retail’s Big Show: Day Two—Diving into Loyalty and Sustainability with Sephora, Target, Walmart and Others