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You are provided with the following information taken from the annual reports of Asos plc: 2019 2018 2017 Revenue (mil) 2,733.5 2,417.3 1923.6 Gross Profit

You are provided with the following information taken from the annual reports of Asos plc:

2019

2018

2017

Revenue (mil)

2,733.5

2,417.3

1923.6

Gross Profit / (loss) (mil)

1,334.3

1237.1

958.3

Operating profit (mil)

35.1

101.9

79.6

Profit after tax (mil)

24.6

82.4

64.1

REQUIRED

  1. Calculate the gross profit margin, and the operating profit margin for the years 2017 2019

(3 marks)

  1. Evaluate the performance of Asos plc over the three year period shown above.

(12 marks)

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