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Franchise Brands Ord 0.5P (FRAN)

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25-May-2021 01:58 PM

Lockdown easing leads to record job numbers at Metro Rod and Metro Plumb

Franchise Brands has seen a surge in lead intake at Metro Rod and Metro Plumb, as jobs reached 9,300 following the easing of lockdown restrictions. This surpassed the previous record that was reached during the seasonal 2019 pre-Christmas rush by 4%.
20-Apr-2021 09:52 AM

Franchise Brands Q1 adjusted earnings hit record as turnover returns to pre-Covid levels

Franchise business Franchise Brands said reported first quarter adjusted earnings hit a record as turnover returned to pre-COVID 19 levels by the end of quarter. Q1 adjusted earnings before interest, tax, depreciation and amortisation, or EBITDA, grew 2
04-Mar-2021 10:03 AM

Franchise Brands profit rises on boost from Willow Pumps acquisition; ups divi

Franchise Brands reported a rise in profit as revenue was boosted by the a larger contribution of Willow Pumps, which was acquired in October 2019. For the year ended 31 December 2020, pre-tax profit increased by 12% to £3.7 million year-on-year a
28-Oct-2020 09:01 AM

Franchise Brands 'confident' of meeting market expectations amid ongoing recovery

Franchise Brands, a multi-brand franchise business, said it was 'confident' of meeting market expectations following a strong recovery in trading seen the third quarter from the previous quarter's lockdown-impacted performance. The company
30-Jul-2020 09:19 AM

Franchise Brands profit plummets 50% on virus-related costs

Franchise Brands said profit fell 50% as Covid-19 related charges offset a rise in revenue. For the six months ended 30 June 2020, pre-tax profit fell 50% to £0.9m on-year, while revenue increased by 21% to £24.2m. The loss was blamed on a
15-Jan-2019 10:21 AM

Franchise Brands expects revenue, profits to be 'at least' meet expectations

International franchisor Franchise Brands said Tuesday it expected revenue and profits for the year to be 'at least' in line with consensus market expectations. Market expectations for full-year revenue was £32.78m, with net profit of &po
25-Apr-2018 10:00 AM

Franchise Brands Q1 performance ahead of expectations

Franchise Brands said group trading in the first quarter of the year was marginally ahead of management's expectations. The number of jobs completed by Metro Rod and Metro Plumb was up by 16% year-on-year to record levels, although the average orde
18-Jan-2018 08:09 AM

Franchise Brands ahead of market forecasts

Franchise Brands expects results for the year ended 31 Dec to be ahead of current market forecasts. The group said its principal existing brands had delivered strong growth and it was pleased with the progress that had been made with putting in place th
14-Sep-2017 09:33 AM

Franchise Brands declares maiden interim divi

Franchise Brands' first half revenues rose three-fold to £8,639,000 and adjusted EBITDA increased by 66% to £1,256,000. Organic EBITDA increased by 13% to £1,161,000 in the six months to the end of June and adjusted profit before t
17-Jul-2017 09:22 AM

Franchise Brands appoints CFO

Franchise Brands has appointed Chris Dent as chief financial officer, with immediate effect. Dent previously spent four years as finance director of AIM-quoted 7digital Group plc (formerly UBC Media Group) and began his career at Deloitte LLP where he s
11-Apr-2017 08:10 AM

Franchise Brands completes Metro Rod acquisition

Franchise Brands has completed its acquisition of Metro Rod. Executive chairman Stephen Hemsley said: "I am delighted to announce the completion of the acquisition of Metro Rod, which represents a transformational step in respect of implementing the
10-Apr-2017 02:58 PM

Franchise Brands shareholders approve acquisition, placing

Franchise Brands has confirmed that the resolutions regarding the acquisition of Metro Rod and the placing to raise gross proceeds of £20m were passed by shareholders at today's General Meeting. At 2:58pm: (LON:FRAN) Franchise Brands Plc sh
23-Mar-2017 08:19 AM

Franchise Brands revenues rise

Franchise Brands' underlying profit before tax increased by 11% to £1.24m in the year to the end of December. This was after adjusting for non-recurring IPO and acquisition costs. The group also announced the proposed acquisition of Metro R
22-Mar-2017 01:22 PM

Franchise Brands confirms potential reverse takeover

Franchise Brands said it has noted the recent share price movement and confirmed that the Company is in advanced stages regarding a potential acquisition which would constitute a reverse takeover. The Company added that, whilst the Company has entered in
22-Mar-2017 01:18 PM

Franchise Brands shares suspended

Franchise Brands has requested that trading of its shares on AIM is temporarily suspended pending an announcement and publication of an admission document. The shares were temporarily suspended from 22 March at 1:00pm. At 1:18pm: (LON:FRAN) Franchise
01-Nov-2016 07:24 AM

Franchise Brands acquires Barking Mad

Franchise Brands, a multi-brand international franchisor, has acquired Barking Mad Limited for a total consideration of £900,000. This represents the group's first acquisition as part of its stated buy and build strategy following the recen
15-Sep-2016 07:46 AM

Franchise Brands pre-tax profits up 18.3%

Franchise Brands' total revenue rose by 10% to £2,488,000 in the six months to the end of June. Gross profit margin increased by 1.2% to 66.8% and profit before tax rose by 18.3% to £724,000. Earnings per share rose to 4.79p (H1 2015:

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