Frasers lowers profit guidance as H1 sales fall 8.4%
The retail group also revealed that its pre-tax profits have fallen 33% to £207.2m during H1, which Frasers attributed to a decrease in foreign exchange
Frasers Group has lowered its profit guidance for FY25 to between £550m to £600m, having seen its sales fall by 8.4% to £2.45bn in the first half to 27 October.