|Bid||9.35 x 0|
|Ask||9.50 x 0|
|Day's Range||9.30 - 10.40|
|52 Week Range||6.55 - 11.20|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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Mike Ashley’s Frasers Group is investing £600m on a new headquarters in Coventry after buying the city’s Coventry Building Society (CBS) Arena.
Frasers Group, the owner of Sports Direct and other high-street brands, defied the retail downturn and posted a rise in sales and profits in the first half of the year. At its full-year results in July, it forecast adjusted pre-tax profit of £450mn-£500mn for the current year — an increase of 45 per cent from last year — and reiterated that guidance on Thursday. “We have strong strategic and trading momentum behind us and we remain confident in our guidance,” the company said in a statement.