Franchise Brands has released an encouraging FY21 update that confirms that it has continued on its robust growth trajectory. This was driven by another strong quarter at Metro Rod, where Q4 system sales grew +22% to a record £13.7m due to strong franchisee engagement and continued investment. System sales for 2021 advanced +24% to £50.6m, with the annualised run rate comfortably in advance of this. Willow Pumps grew +11% to £13.8m with very strong growth in Service partially offset by the slowe ....
11 Jan 2022
Dowgate Capital: Franchise Brands - FY21 Trading Update
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Dowgate Capital: Franchise Brands - FY21 Trading Update
Franchise Brands plc (FRAN:LON) | 192 11.5 3.2% | Mkt Cap: 371.1m
- Published:
11 Jan 2022 -
Author:
Paul Richards | Brendan D'Souza -
Pages:
6
Franchise Brands has released an encouraging FY21 update that confirms that it has continued on its robust growth trajectory. This was driven by another strong quarter at Metro Rod, where Q4 system sales grew +22% to a record £13.7m due to strong franchisee engagement and continued investment. System sales for 2021 advanced +24% to £50.6m, with the annualised run rate comfortably in advance of this. Willow Pumps grew +11% to £13.8m with very strong growth in Service partially offset by the slowe ....