Franchise Brands’ results for FY2019 confirm, once again, the strength of its operating model and the robustness of its centralised support systems that have enabled sales within Metro Rod to flourish and which are now supported by the complementary acquisition of Willow Pumps in October 2019. We expect earnings growth to continue and while we are leaving FY2020 forecasts unchanged this still implies significant yearon-year EBITDA and EPS growth of c.44% and c.39% respectively, while fo
05 Mar 2020
Business model continues to deliver strong growth
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Business model continues to deliver strong growth
Franchise Brands plc (FRAN:LON) | 182 -0.9 (-0.3%) | Mkt Cap: 351.7m
- Published:
05 Mar 2020 -
Author:
Ian Jermin -
Pages:
10
Franchise Brands’ results for FY2019 confirm, once again, the strength of its operating model and the robustness of its centralised support systems that have enabled sales within Metro Rod to flourish and which are now supported by the complementary acquisition of Willow Pumps in October 2019. We expect earnings growth to continue and while we are leaving FY2020 forecasts unchanged this still implies significant yearon-year EBITDA and EPS growth of c.44% and c.39% respectively, while fo