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FRAS - Frasers News Story

569.3p 26.3  4.8%

Last Trade - 10:55am

Sector
Consumer Cyclicals
Size
Large Cap
Market Cap £2.82bn
Enterprise Value £3.80bn
Revenue £3.81bn
Position in Universe 262nd / 1819

BRIEF-Frasers Group Says Rates Cap Will Mean Review Of Its Entire Portfolio

Fri 5th March, 2021 7:30am
March 5 (Reuters) - Frasers Group PLC  FRAS.L :
    * FRASERS GROUP PLC  - BUDGET ANNOUNCEMENT - BUSINESS RATES
    * FRASERS - FOR FRASERS GROUP RATES CAP ON 'BUSINESSES' WILL
"MAKE
IT NEARLY IMPOSSIBLE TO TAKE ON EX-DEBENHAMS SITES WITH INHERENT
JOBS CREATED"
    * FRASERS - RATES CAP ON 'BUSINESSES' WILL ALSO MEAN WE NEED
TO
REVIEW ENTIRE PORTFOLIO TO ASCERTAIN STORES UNVIABLE DUE TO
BUSINESS RATES

Source text for Eikon:  ID:nRSE2572Ra 
Further company coverage:  FRAS.L 

 ((Reuters.Briefs@thomsonreuters.com;))
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