Franchise Brands has released a strong trading update for FY2020 which indicates Group revenue, adjusted EBITDA and adjusted EPS are ahead of market expectations. The Group had an impressive Q1, a lockdown-impacted Q2 and a strong-rebound in sales at B2B (67% of pro-forma 2019 EBITDA) and robust franchise recruitment at ChipsAway & Ovenclean (90% of B2C income in 2019) in H2. Franchise Brands took early and decisive action to reduce costs and is now adept at mitigating the impact of national loc ....