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4-Traders Homepage  >  Equities  >  London Stock Exchange  >  ASOS plc    ASC   GB0030927254

ASOS PLC (ASC)
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Asos : warehouse fire destroys stock worth 6.25 million pounds

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05/16/2017 | 02:04pm CET
New employees wait in the lobby on their first day of work at the ASOS headquarters in London

British online fashion retailer Asos Plc said on Tuesday a fire at its warehouse outside Berlin destroyed stock worth about 6.25 million pounds.

The company's Eurohub 2 distribution centre had about 7 million items in stock when the fire broke out at 3 a.m. local time on Tuesday. Two million items were present in the chamber damaged by the fire.

Asos was fully insured for the loss of stock and any subsequent business interruption, the company said.

The online retailer has been hit by fire accidents before as well. Its main distribution centre in the UK at Barnsley caught fire in 2014, causing 30 million pounds worth of damage. The Buncefield fuel depot explosion in 2005 had also destroyed one of its warehouses.

(Reporting by Sanjeeban Sarkar in Bengaluru; Editing by Martina D'Couto)

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Financials ( GBP)
Sales 2018 2 440 M
EBIT 2018 100 M
Net income 2018 81,2 M
Finance 2018 123 M
Yield 2018 -
P/E ratio 2018 60,81
P/E ratio 2019 49,19
EV / Sales 2018 1,97x
EV / Sales 2019 1,59x
Capitalization 4 929 M
Chart ASOS PLC
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ASOS plc Technical Analysis Chart | ASC | GB0030927254 | 4-Traders
Technical analysis trends ASOS PLC
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TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 63,0  GBP
Spread / Average Target 7,0%
EPS Revisions
Managers
NameTitle
Nicholas Timothy Beighton Chief Executive Officer & Executive Director
Brian McBride Non-Executive Chairman
Helen Jane Ashton Chief Financial Officer & Executive Director
Clifford Cohen Chief Information Officer
Nicholas Jon Robertson Non-Executive Director
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