Revenue up, profits down as Frasers slams Government

Frasers Group plc has reported an increase in half-year revenues but falling profits. Mike Ashley’s listed retail group reiterated its full-year profit guidance of £550 million to £600m despite a “challenging consumer environment”. Describing performance in the 26 weeks ended 26th October 2025 as “a solid first half”, it added: “Although trading has improved compared … Continue reading Revenue up, profits down as Frasers slams Government