FRASERS GROUP (FRAS) – Retail Price: 724p unch P/E: 7.8x Market Cap: £3.1bn Yield: n/a Retail group Frasers posted a solid first-half trading update for the period to 26 October and confirmed its full-year adjusted pre-tax target of £550 million to £600 million despite ‘tough market conditions’ which have continued into the second half. Sales … Continue reading Frasers earnings flattered by derivative gains