Franchise Brands’ results for the half year paint a picture of a resilient performance against the headwinds and challenges provided by the COVID-19 pandemic. With most of the Group’s largest businesses deemed to be essential services, management was able to limit the Group revenue reduction to just 10% before the addition of a maiden contribution from Willow Pumps. Tight cost controls also mitigated the impact and the Group’s overall performance in testing conditions is a t
30 Jul 2020
Forecasts reintroduced following resilient H1
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Forecasts reintroduced following resilient H1
Franchise Brands plc (FRAN:LON) | 192 13.5 3.8% | Mkt Cap: 373.0m
- Published:
30 Jul 2020 -
Author:
Ian Jermin -
Pages:
12
Franchise Brands’ results for the half year paint a picture of a resilient performance against the headwinds and challenges provided by the COVID-19 pandemic. With most of the Group’s largest businesses deemed to be essential services, management was able to limit the Group revenue reduction to just 10% before the addition of a maiden contribution from Willow Pumps. Tight cost controls also mitigated the impact and the Group’s overall performance in testing conditions is a t