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An update from Franchise Brands ( (GB:FRAN) ) is now available.
Franchise Brands reported record system sales across all key divisions for the financial year ending December 31, 2024, despite challenging macroeconomic conditions. The company’s adjusted EBITDA is slightly below market expectations due to moderated sales growth and fixed cost bases. The strategic initiative ‘One Franchise Brands’ was launched to integrate the group’s businesses, enhance sales, and drive operational efficiencies. The UK, Continental Europe, and North America saw varied growth, with notable performance in essential reactive services. The Group’s adjusted net debt decreased to £65.1m, and the board remains cautiously optimistic for 2025, focusing on integration and cost efficiencies.
More about Franchise Brands
Franchise Brands is an international, multi-brand franchisor specializing in B2B van-based services with seven franchise brands operating across the UK, North America, and Europe. The company focuses on building market-leading businesses primarily through a franchise model, supporting a network of over 625 franchisees. Key brands include Pirtek, Filta, Metro Rod, and Metro Plumb, benefiting from centralized support in technology, marketing, and finance.
YTD Price Performance: -12.58%
Average Trading Volume: 99,243
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £268.4M
See more data about FRAN stock on TipRanks’ Stock Analysis page.
