In the half year to June 2021 Franchise Brands posted an increase in revenues of 18% and an increase in adjusted EBITDA of 50% with strong cash conversion of 84%. Revenue and adjusted EBITDA increased across all divisions as COVID-related restrictions were progressively lifted through the period. The easing of restrictions in the hospitality sector and the digital transformation continuing at pace, will further benefit the H2 outcome. The Board is confident regarding the prospects for organic gr ....
22 Jul 2021
Strong recovery and growth across all divisions
Sign up to access
Get access to our full offering from over 100 providers
Get access to our full offering from over 100 providers
Strong recovery and growth across all divisions
Franchise Brands plc (FRAN:LON) | 136 2.4 1.3% | Mkt Cap: 264.5m
- Published:
22 Jul 2021 -
Author:
Ian Jermin -
Pages:
12 -
In the half year to June 2021 Franchise Brands posted an increase in revenues of 18% and an increase in adjusted EBITDA of 50% with strong cash conversion of 84%. Revenue and adjusted EBITDA increased across all divisions as COVID-related restrictions were progressively lifted through the period. The easing of restrictions in the hospitality sector and the digital transformation continuing at pace, will further benefit the H2 outcome. The Board is confident regarding the prospects for organic gr ....