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Confusion over Sports Direct results delay Delay as Sports Direct 'still finalising' results
(32 minutes later)
There is confusion surrounding the publication of financial results from Mike Ashley's Sport Direct, which were due early on Friday morning. Mike Ashley's Sports Direct has said it is "still finalising" its financial results, which were due to be released early on Friday morning.
The firm said it expected the results would still be published on Friday.
The retailer had previously delayed publishing annual results on 15 July, citing uncertainty in trading at its House of Fraser chain and increased scrutiny of its auditor.The retailer had previously delayed publishing annual results on 15 July, citing uncertainty in trading at its House of Fraser chain and increased scrutiny of its auditor.
It indicated then that it may not achieve its profits forecast.It indicated then that it may not achieve its profits forecast.
On Wednesday, the firm said it would be publishing its results on Friday. In a statement released on Friday morning, Sports Direct said: "Unfortunately we are still finalising preliminary results.
"We anticipate that our annual results will still be released today, with a presentation to follow, and will update again at midday.
"Apologies for any inconvenience."
On Wednesday, the firm had said it would be publishing its results on Friday.
UK-listed companies normally publish their results at or close to 07:00, before the London markets open at 08:00.UK-listed companies normally publish their results at or close to 07:00, before the London markets open at 08:00.
However, the firm's preliminary results had yet to appear at 08:20, and it had not responded to requests for comment. Sports Direct shares fell about 3% in early trading on the London stock market.
Sports Direct shares fell more than 2% as trading got under way on the London stock market. The firm was due to give a presentation to investors and media at 09:00, but this was cancelled at the last minute.
BBC journalists took to Twitter to comment on the delay. BBC personal finance correspondent Simon Gompertz tweeted: