Company
Franchise Brands PLC
LON:FRAN
Franchise Brands PLC is an international, multi-brand franchisor focused on building market-leading businesses primarily via a franchise model. The company has a combined network of over 625 franchisees across seven franchise brands in ten countries covering the UK, North America and Europe. Franchise Brands' focus is on B2B van-based reactive and planned services. The company owns several market-leading brands with long trading histories, including Pirtek in Europe, Filta, Metro Rod and Metro Plumb, all of which benefit from the group's central support services, particularly technology, marketing and finance.
81 stories
Franchise Brands aiming for £1bn market value, says Stifel
Current market cap is around £290m, but opportunities exist says the broker
Franchise Brands focused on building market-leading businesses via franchise model
Company is looking for more acquisitions after integration of Metro Rod
Franchise Brands steps into Europe with £200mln Pirtek acquisition
The consideration is £200mln to be met through a combination of a placing, debt and shares.
Franchise Brands expects to be ahead of forecasts as two largest businesses thrive
Filta is seeing strong activity in North America driven by the elevated price of cooking oil, which is boosting demand for its Filta Fry process that can double its useful life
Franchise Brands interim CFO Andrew Mallows to join board
Mallows has significant experience in franchising and business development
Franchise Brands says former HSBC banker Andy Brattesani has joined its board as a non-executive director
From 2016 until recently Brattesani was UK Head of Franchise at HSBC, the market leader in the UK franchise sector with an extensive client base including many of the largest franchise brands
Franchise Brands ups dividend 50% after 'buoyant' first half
Drain maintenance businesses Metro Rod and Metro Plumb led the way
Franchise Brands agrees payment to end Willow Pumps earn-out
Willow Pumps was acquired by Franchise Brands in 2019
Franchise Brands looks forward to rest of year 'with considerable confidence'
"Overall, the group is trading well, and the board looks forward to the rest of the year with considerable confidence," said the group's chair, Stephen Hemsley
Franchise Brands reminds forgetful Filta Group shareholders to get their skates on
Full details on how to accept the offer are set out in the offer document, a copy of which is available on Franchise Brands' website
Franchise Brands offer for Filta Group goes unconditional
The deal was approved by shareholders on Monday and valid acceptances of the shares was been received on Tuesday
Franchise Brands hikes dividend 36% after generating record profits
The existing businesses have started the new year on the front foot, with continuing sales growth reported in the B2B division and steady recruitment in the B2C division
Franchise Brands agrees all-share offer for Filta Group
“The enlarged group will have a strong balance sheet, with a high level of liquidity, putting it in a strong position to support our franchisees, invest in the business and our people, pursue a progressive dividend policy and take advantage
Franchise Brands hails 'fantastic' 2021 as Metro Rod growth underpins full-year performance
The Metro Rod drainage business broke through £50mln of system sales in 2021
Franchise Brands on the hunt for new financial officer
The company's shares ended December 6 priced at 146p, marking a 48.2% rise in the year-to-date
Franchise Brands acquires software platform in £825,000 deal
The company has been working with Azura Group Ltd since 2018
Franchise Brands profits running at record levels
Commercial drainage business Metro Rod's sales jumped 32%
Franchise Brands confirms strong recovery in first half
"We are confident that the full year performance will be ahead of current consensus market expectations," said executive chair Stephen Hemsley
Franchise Brands posts record sales at Metro Rod
The firm is to deliver a full-year performance at least in line with market expectations
Franchise Brands says plumbing businesses swamped with orders following easing of lockdown restrictions
You might say that Metro Rod and Metro Plumb are plumbing new heights
Proactive news headlines: Franchise Brands, 88 Energy, AFC Energy, Advance Energy...
A glance at some of the day's highlights from the Proactive Investors newswire
Franchise Brands firing on all cylinders
Underlying earnings grew by almost a quarter in the first three months of the year
Franchise Brands highlights positive start to 2021 trading
“We look forward to the remainder of 2021 with confidence,” said chairman Stephen Hemsley
Franchise Brands tops expectations in 2020
The company believes it has the correct strategy to thrive in the post-pandemic environment
Franchise Brands confident of meeting full year expectations as trading recovers
The company said its B2B division, which includes its portfolio of drainage, plumbing and pump brands, had seen sales grow by an average of 8% per month from June onwards as the UK economy emerged from lockdown
Franchise Brands looking for acquisitions as it emerges from lockdown
Turnover was boosted by the acquisition of Willow Pumps
Franchise Brands raises £14mln as plumbing businesses see continuing demand
The firm said it expected its B2B division, which includes Metro Rod, Metro Plumb and Willow Pumps, to continue to trade profitably during the coronavirus lockdown
Franchise Brands urges shareholders to take share alternative for dividend
“We do expect to remain profitable overall, albeit at lower levels than originally anticipated"
Franchise Brands views 2020 with "considerable confidence" after strong 2019 growth
Franchise Brands said trading in the current year has started well
Franchise Brands confirms significant growth in 2019 and strong start to current year
Drain maintenance group Metro Rod led the improvement with 14% higher sales
Franchise Brands acquires Willow Pumps to expand Metro Rod network
The water pump supply, installation and servicing business will complement the services provided by Metro Rod, acquired two years ago
Archive
Proactive news snapshot: Seeing Machines, United Oil & Gas, Nektan...
A glance at some of the day's highlights from the Proactive Investors newswire
Franchise Brands’ first-half profits pushed higher by Metro Rod
Franchise acquired Metro Rod a couple of years ago, and it is now starting to reap the reward of its hefty investment in the business
Investments and investor services
Air Partners appoints MD of its charter division
A look at the day's major movers, including Quadrise, Intu Properties, Mediazest, Upland Resources, MX Oil and Angling Direct
Archive
Proactive news snapshot: Active Energy, Tekcapital, Sareum Holdings …
A glance at some of the day's highlights from the Proactive Investors newswire
Franchise Brands jumps as it reports record first quarter ahead of AGM
Stephen Hemsley, chairman of the AIM-listed firm, said the franchise network had grown sales by 12% in the period compared to 10.4% growth in the whole of its 2018 fiscal year
Investments and investor services
FTSE 100 closes at near seven month high as no news is deemed good news
The UK blue-chip index finished up around 63 points at 7,523
Investments and investor services
Carnival sinks as it lowers full-year guidance
A look at the day's major movers, including Quartix, LiDCO, Convatec, PPHE, Boku and Coral Products
Archive
Proactive news snapshot: ValiRx, Erris Resources, Personal Group, S&U …
A glance at some of the day's highlights from the Proactive Investors newswire
Archive
FTSE 100 closes higher as global growth fears ease, but Carnival shares sink
The UK's premier index closed up nearly 19 points at 7,169, while FTSE 250 added over 96 at 8,896
Gooch & House on the march after contract win
A look at the day's major movers, including Modern Water, Dev Clever, Red Emperor, 88 Energy, Pantheon Resources, Manx Telecom and Burford Capital
Archive
Proactive news snapshot: Tlou Energy, StatPro Group, Franchise Brands, Erris Resources …
A glance at some of the day's highlights from the Proactive Investors newswire
Franchise Brands on the prowl for acquisitions
"2018 has been a period of significant change for the team at Franchise Brands as we have integrated Metro Rod and further developed our shared support services of IT, finance, marketing and franchisee recruitment," said executive chairman,
FTSE 100 closes marginally higher ahead of next Parliamentary vote on Brexit
The January US Durable Goods Orders and Shipments Report showed that business equipment investment got off to a sluggish start this year, Berenberg Capital Markets noted
Midatech kicks on again after yesterday's approval of strategic investment
A look at the day's major movers, including Redde, Gattaca, Webis, Mobile Streams, Beeks, Nuformix and Interserve
Archive
Proactive news snapshot: Clinigen, Eco Atlantic Oil & Gas, Bluejay Mining …
A glance at some of the day's highlights from the Proactive Investors newswire
FTSE 100 finishes lower as global markets hit by geopolitical worries
The UK's blue chip index closed down nearly 44 points at 7,107. Meanwhile, mid-cap cousin FTSE 250 fell more than 116 at 19,513
Archive
Proactive news snapshot: EQTEC , Itaconix, Mirada …
A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
CloudCall's new user intake rate accelerates
A look at the day's major movers, including Elegant Hotels, Mears Group, Spire Healthcare, 7digital and Mirada
Franchise Brands reinvigorates the Metro Rod franchise
"The investment we are making in the business systems is already delivering improvements, with sustained benefits expected to be realised over the longer term at Metro Rod," the company said
Investments and investor services
FTSE 100 closes higher as attention focuses on House of Commons vote
FTSE 100 closed 40 points higher at 6,895, while the mid-cap FTSE 250 closed around 12 up at 18,429.
Investments and investor services
Aminex bounces higher as shareholders approve farm-out
A look at the day's major movers, including ReNeuron, 7digital, Glenveagh, Gear4Music, Reach and McColl's
Archive
Proactive news snapshot: Remote Monitored Systems, ReNeuron, Circassia Pharmaceuticals …
A glance at some of the day's highlights from the Proactive Investors newswire
Franchise Brands continues share buy-back programme into 2019
The group expects the programme will offset the dilution caused by employee share issues
Franchise Brands lays the foundations for another 10 years
MetroRod has been in operation for 30 years but only became a franchise relatively recently
Angus Energy, Sirius Minerals and Great Western Mining among Wednesday's movers
A look at some of the top risers and fallers in London today
Archive
Proactive news snapshot: BigDish, InnovaDerma, Galantas Gold …
A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
FTSE 100 consolidates gains as sterling's woes continue
Sterling's fall was good news for the Footsie's many big dollar earners
Archive
Proactive news snapshot: Franchise Brands, AFC Energy, Attraqt Group …
A glance at some of the day's highlights from the Proactive Investors newswire
Veltyco slides as it forecasts half-year earnings miss
A look at some of the biggest risers and fallers in London on Thursday
Franchise Brands profits jump as Metro Rod starts to pull weight
As the Beast from the East thawed it was the busiest period ever dealing with cracked pipes
FTSE 100 keeps head above water at close: Facebook in focus
The Nasdaq on Wall Street is down over 88 points at the time of writing, at 7,420.
Archive
Blue-chip deluge on Thursday with Royal Dutch Shell, AstraZeneca and Diageo (and more) set to report
Three of the 10 largest London-listed companies (by capitalisation) are updating the market on Thursday. A dozen or more other household names are also expected to report.
Archive
Apres moi le deluge: Flood of blue chip results to dominate in coming week, including BT Group
Over the five sessions in the Week Ahead, around 20% of the FTSE 100 index will report results or issue a trading update, with about half that number due on Thursday alone
Franchise Brands' strong core the key to growth plans
A strong central infrastructure is key to what is, in effect, a classic buy and build strategy
Investments and investor services
Genel Energy and Ted Baker in the spotlight ahead of Thursday’s results
The Kurdistan oil and gas business releases its results on Thursday, while investors will be hoping to see continued momentum for the fashion retailer.
Archive
Markets await interest rate decisions from Bank of England and Federal Reserve
The week ahead includes policy announcements from the Bank of England and Federal Reserve along with corporate earnings from Bellway, Next, Ted Baker, Kingfisher and Wood Group
Frontera Resources surges after investor conference
Some of the largest rises and fallers at 3pm: Frontera, Franchise Brands, Starcom