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Asos H1 profit drop: What the analysts say

2015-04-01 16:52:00| Daily apparel & textile news and comment - from just-style.com

Despite a double-digit decline in profit, weighed down by higher levels of investment, Asos's first-half performance remained in line with expectations. With an upbeat outlook from management, analysts believe long-term confidence will be restored at the online fashion retailer and its reaffirmed full-year guidance will be met.

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