Asos posts surge in H1 profit, sales jump 25 percent

Retail sales at Asos plc grew 25 percent to 1,976 million pounds, while pre-tax profit increased by 253 percent to 106.4 million pounds, with consistently strong performance throughout the period. The company said in a statement that growth was in part driven by exceptional performance in the UK where retail sales grew by 36 percent in P1 and accelerated further in P2 with growth of 46 percent and 18 percent growth in the EU.