viewFranchise Brands PLC

AGM Statement and Q1 Trading Update

/**/ .y{size:595.3pt 841.9pt;margin:72.0pt 72.0pt 72.0pt 72.0pt;}div.y{}p.ax{margin-right:0cm;margin-left:0cm;font-size:12.0pt;font-family:"Times New Roman","serif";line-height: 12.65pt; margin-top: 0cm; text-align: right}span.av{font-size:11.0pt;font-family:"Calibri","sans-serif"; color:black}p.ay{margin-right:0cm;margin-left:0cm;font-size:12.0pt;font-family:"Times New Roman","serif";font-weight: bold; line-height: 12.65pt; margin-top: 0cm; text-align: center}p.az{margin-right:0cm;margin-left:0cm;font-size:12.0pt;font-family:"Times New Roman","serif";font-weight: bold; line-height: 12.65pt; margin-top: 0cm; text-align: center}p.ba{margin-top:0cm;margin-right:0cm;margin-bottom:8.0pt;margin-left:0cm;line-height:107%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:justify}span.ar{color:black; background:white}span.bb{color:#222222}p.a,li.a,div.a{margin-top:0cm;margin-right:0cm;margin-bottom:8.0pt;margin-left:0cm;line-height:107%;font-size:11.0pt;font-family:"Calibri","sans-serif";} p.bc{margin-top:0cm;margin-right:0cm;margin-bottom:8.0pt;margin-left:0cm;line-height:107%;font-size:11.0pt;font-family:"Calibri","sans-serif";font-weight: bold; line-height: normal; margin-bottom: 13.2pt; text-align: justify; text-decoration: underline}span.ap{color:black}table.bd{width:409.5pt;margin-left:-10.8pt;border-collapse:collapse}td.am{width:274.2pt;padding:0cm 5.4pt 0cm 5.4pt}p.be{margin-top:0cm;margin-right:0cm;margin-bottom:8.0pt;margin-left:0cm;line-height:107%;font-size:11.0pt;font-family:"Calibri","sans-serif";font-weight: bold; line-height: normal; margin-bottom: 13.2pt; text-align: justify}td.al{width:91.95pt;padding:0cm 5.4pt 0cm 5.4pt}p.bf{margin-top:0cm;margin-right:0cm;margin-bottom:8.0pt;margin-left:0cm;line-height:107%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:13.2pt;text-align:justify;line-height: normal}span.aj{font-size:12.0pt;color:black}p.bg{margin-top:0cm;margin-right:0cm;margin-bottom:8.0pt;margin-left:0cm;line-height:107%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:13.2pt;line-height:normal}tr.af{height:4.0pt} td.ah{width:274.2pt;padding:0cm 5.4pt 0cm 5.4pt; height:4.0pt}td.ag{width:91.95pt;padding:0cm 5.4pt 0cm 5.4pt; height:4.0pt}tr.aa{height:4.5pt}td.ae{width:274.2pt;padding:0cm 5.4pt 0cm 5.4pt; height:4.5pt}td.ab{padding:0cm 0cm 0cm 0cm;height:4.5pt}p.bh{margin-top:0cm;margin-right:0cm;margin-bottom:8.0pt;margin-left:0cm;line-height:107%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0cm;margin-bottom:.0001pt;line-height: normal}span.ad{font-size:10.0pt;font-family:"Times New Roman","serif"} /**/
RNS Number : 7117W
Franchise Brands PLC
23 April 2019

23 April 2019


("Franchise Brands", the "Company" or the "Group") 

AGM statement and Q1 Trading Update

Franchise Brands plc (AIM: FRAN), an international multi-brand franchisor, will hold its Annual General Meeting today at 11.00am, at which Stephen Hemsley, Executive Chairman, will provide the following update:

"Metro Rod's forward momentum in Q1 has continued apace, with our franchise network growing their system sales by 12.9% (FY2018: 10.4%) resulting in a record quarter. Our Vision 2023 strategy of providing franchisees with sales and marketing support and new IT systems has seen 12 of our franchisees achieve year-on-year growth of over 30% in Q1.

We are encouraged to see that our B2C brands, ChipsAway, Ovenclean and Barking Mad, have had a positive start to the year and that franchisee recruitment has improved.

Overall, the group is trading well, and the board looks forward to the remainder of the year with confidence."



Franchise Brands plc

+ 44 (0) 1562 826705

Stephen Hemsley, Executive Chairman

Chris Dent, Chief Financial Officer
Julia Choudhury, Corporate Development Director

Allenby Capital Limited (Nominated Adviser and Joint Broker)

+44 (0) 203 328 5656

Jeremy Porter / Liz Kirchner

Dowgate Capital Stockbrokers (Joint Broker)

+44 (0) 203 903 7715

James Serjeant / Colin Climie

MHP Communications (Financial PR)

+44 (0) 203 128 8100

Katie Hunt / Patrick Hanrahan


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

Quick facts: Franchise Brands PLC

Price: 93.5

Market: AIM
Market Cap: £74.16 m

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...



Full interview: Metro Rod has undergone a step change says Franchise Brands...

Franchise Brands PLC (LON:FRAN) boss Stephen Hemsley has started to look for more acquisitions with the integration of drain maintenance business Metro Rod now largely finished. “We want to expand the services it offers,” he told Proactive and offer a complete “water in and waste out”...

on 6/8/19