Franchise Brands maintains expectations as it integrates Pirtek
25th Oct 2023 08:16
(Sharecast News) - In a third-quarter update on Wednesday, multi-brand franchise operator Franchise Brands said that the B2B businesses, which focus on essential reactive services, including Metro Rod and Metro Plumb in the UK and Pirtek in eight European countries, all achieved record trading levels.
Read moreFranchise Brands reports strong B2B divisional growth
18th Apr 2023 12:57
(Sharecast News) - Franchise Brands said in a trading update on Tuesday that its business-to-business (B2B) division experienced strong growth in system sales, particularly in Metro Rod, achieving record levels in the first quarter.
Read moreFranchise Brands to snap up Pirtek Europe in £200m deal
4th Apr 2023 10:11
(Sharecast News) - Franchise Brands has agreed to buy Pirtek Europe in a £212m deal intended to bolster its European presence.
Read moreFranchise Brands to put B2C division up for sale
9th Mar 2023 12:55
(Sharecast News) - AIM-listed Franchise Brands said on Thursday that it was putting its B2C division up for sale, as it posted better-than-expected full-year results.
Read moreFranchise Brands FY earnings seen ahead of current market expectations
27th Oct 2022 09:47
(Sharecast News) - Metro Rod owner Franchise Brands said on Thursday that full-year earnings were now seen ahead of current market expectations as it continued to perform "robustly" during the third quarter, driven by "strong contributions" by its two largest businesses.
Read moreFranchise Brands buys out deferred Willow Pumps liability
25th May 2022 12:54
(Sharecast News) - Franchise Brands outlined its plans to integrate its direct labour organisations (DLOs) in the UK on Wednesday, following the acquisition of Filta Group in March.
Read moreFranchise Brands buys Filta in £50m all-share deal
16th Feb 2022 08:36
(Sharecast News) - Franchise Brands has agreed to buy Filta Group for almost £50m to add commercial kitchen fryer management to its list of services.
Read moreFranchise Brands acquires software developer Azura for £1m
29th Nov 2021 12:07
(Sharecast News) - Multi-brand franchisor Franchise Brands has acquired the entire issued share capital of franchise management software system developer Azura Group, it announced on Monday.
Read moreFranchise Brands Q3 underlying earnings hit record level
26th Oct 2021 11:39
(Sharecast News) - Multi-brand franchise business Franchise Brands said on Tuesday that it had continued to perform strongly during the third quarter, with adjusted underlying earnings reaching a record level.
Read moreFranchise Brands 'pleased' with progress made in H1
5th Jul 2021 08:09
(Sharecast News) - Multi-brand franchise business Franchise Brands said on Monday that it was "pleased" with the progress it had made over the past six months.
Read moreFranchise Brands sees 'steady recovery' in third quarter
28th Oct 2020 11:40
(Sharecast News) - Franchise Brands said in a trading update on Wednesday that it saw a steady recovery in the third quarter from the previous quarter's lockdown-impacted performance, which had followed a strong first quarter.
Read moreFranchise Brands H1 revenue, earnings rise, pre-tax profit slumps
30th Jul 2020 08:58
(Sharecast News) - Multi-brand franchise business Franchise Brands said on Thursday that revenues and underlying earnings rose in the six months ended 30 June, while statutory pre-tax profits halved as a result of a Covid-19-related charge.
Read moreFranchise Brands suggests shareholders accept scrip dividend
30th Mar 2020 09:56
(Sharecast News) - Franchise Brands urged investors on Monday to accept dividend payments in shares rather than cash in order to help maintain the group's financial strength amid the Covid-19 outbreak.
Read moreFranchise Brands shares up after solid end to year
15th Jan 2020 15:38
(Sharecast News) - Multi-brand franchising group Franchise Brands updated the market on its trading for the year ended 31 December on Wednesday, reporting that it was expecting revenue and profits to be at least in line with consensus market expectations, which would represent significant growth over the prior year.
Read moreFranchise Brands acquires water pump business WPL Group
7th Oct 2019 09:03
(Sharecast News) - Multi-brand franchisor Franchise Brands acquired a leading water pump business on Monday to complement and expand its Metro Rod drainage and plumbing unit.
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