Franchise Brands PLC (AIM:FRAN) said 2022 has seen a continuation of the strong momentum of sales and earnings growth that was a feature of 2021.
Ahead of the international multi-brand franchise business’s annual general meeting (AGM) today, the group’s chair, Stephen Hemsley, said recently acquired Filta Group Holdings has made a positive contribution to the group and its integration into the group is going well.
“The senior teams of each of our businesses have visited each of the group's offices and depots and are working together to identify cross-selling opportunities and synergies that will benefit the enlarged group moving forward,” Helmsley will tell shareholders at the AGM.
“To maximise what we believe are significant growth opportunities for the B2B [business-to-business] businesses, Peter Molloy, managing director of Metro Rod and Metro Plumb has been promoted to managing director of the enlarged group's B2B division in the UK, with additional responsibility for Willow Pumps and Filta's UK business,” Helmsley revealed.