Browsing Tag
Accent Group Limited
2 posts
Accent Group (ASX: AX1) posts A$13.8m loss as A$48.6m impairment clouds Frasers bid
Accent Group delivered A$51 million of underlying FY26 profit but recorded a statutory loss after a A$48.6 million goodwill impairment, while its shares still trade above Frasers Group’s hostile A$0.65 cash offer.
Frasers Group (LSE: FRAS) shares fall as profit miss and takeover uncertainty cloud FY27 outlook
Frasers Group delivered stronger retail margins, international scale and Frasers Plus growth, but a profit miss, ÂŁ232 million of intangible impairments and rising debt exposed the execution cost behind its expansion strategy.