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Franchise Brands: Results, digital investment and new strategic financial targets

Franchise Brands PLC’s (LON:FRAN) Stephen Hemsley talks to Proactive London's Katie Pilbeam about their final results for 2020 highlighted positive trading through the current lockdowns. Hemsley discusses how trading started well in 2021, in the first quarter, with business-to-business sales described as resilient.

Financials for the 12 months ended December 31, meanwhile, showed a 12% rise in revenue to £49.3mln from £44mln in 2019 and a 28% increase in earnings (adjusted EBTIDA) to £6.6mln from £5.2mln.

Quick facts: Franchise Brands PLC

Price: 137.5 GBX

AIM:FRAN
Market: AIM
Market Cap: £131.67 m
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Franchise Brands hails early planning for mitigating pandemic impact and...

Franchise Brands PLC's (LON:FRAN) Executive Chairman, Stephen Hemsley talks to Proactive London about revised expectations revenue and earnings for 2020 will be ahead of current market expectations. Hemsley highlights their early planning for managing to mitigate against the pandemic and end...

on 12/1/21

2 min read