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Sport Direct Intl strategy to transform House of Fraser will be a game changer

Sport Direct Intl (LON:SPD) today confirm ahead of today’s AGM that trading is in line with our expectations of achieving between a 5% and 15% improvement in underlying EBITDA for the current financial year, excluding the acquisition of House of Fraser.

Sports Direct, Chief Executive Mike Ashley said: “Our strategy to transform House of Fraser into the Harrods of the High Street will be a game changer.”