Full Year Results 

Frasers' shares jump as acquisitions fuel growth

Frasers' shares jump as acquisitions fuel growth

Frasers Group (FRAS) shares rose by nearly a fifth after the Sports Direct owner revealed sales growth achieved in spite of coronavirus-enforced closures. The group, which expanded its portfolio this year with a host of acquisitions including Game and Jack Wills, admitted that its revenue would have fallen 12.6 per cent overall on a constant currencies basis without the spending spree. 

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now