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flag Frasers Group keeps 2026 profit forecast despite a dip in first-half profits, driven by international growth and cost control.

flag Frasers Group maintained its full-year profit forecast for 2026, expecting adjusted pretax profit of £550 million to £600 million, despite a 2.8% drop in first-half adjusted profit to £290.9 million. flag Revenue rose 5% to £2.58 billion, fueled by a 42.8% increase in international sales and improved margins, particularly at Flannels. flag The company cited ongoing inventory pressures, weak consumer confidence, and higher interest costs as challenges. flag While statutory profit nearly doubled due to one-off gains, the group emphasized its resilience through international expansion, brand partnerships, and cost management.

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