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News 2026-09-24 08:48 UTC

ASOS shares jump on profit guidance upgrade

The stock was up 6.3% at 457p by 0933 BST, having earlier touched a 52-week high of 465.5p.ASOS said adjusted EBITDA for the year ended 30 August was expected to be above the midpoint of its £150m to £180m guidance range, having risen by more than 25% year-on-year.Adjusted gross margin was more tha…