Asos delays publication of FY results by a week

24th Oct 2023 17:44

(Sharecast News) - Online fashion retailer Asos said on Tuesday that its full-year results will be delayed by a week until 1 November, as its auditor PwC needs more time to complete planned testing.

In a brief statement, Asos said: "PwC has assured the board that the outstanding procedures are limited in nature."

The company also said that its performance for the year to 3 September was in line with that reported at the post-close trading update on 26 September.

This includes full-year adjusted group revenue of £3.5bn, and second-half earnings before interest and tax of more than £38m, resulting in a FY adjusted EBIT loss of no more than £31m.

The shares closed down 0.5% at 399.42p.