Half Year Results 

Asos rises as profits dive

Asos rises as profits dive

Asos's (ASC) bosses lamented this half-year performance, admitting the group was "capable of achieving more". It’s not hard to see why the board is disappointed: pre-tax profits fell a whopping 87 per cent as disappointing sales growth and a slew of investments aimed at expanding technological and logistical capabilities took their toll. 

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