Franchise Brands has reported robust results that reflect an impressive Q1, a Q2 impacted by CV-19 and the inclusion of trading at Willow Pumps. Revenue increased +21% to £24.2m (H1 2019: £20.1m) including an inaugural contribution from Willow Pumps. On a like-for-like basis, revenues declined to £18.0m reflecting the impact of CV-19. Fee and direct labour income leapt +39% to £14.7m (H1 2019: £10.6m) and Adjusted EBITDA increased +13% to £2.8m (H1 2019: &p
30 Jul 2020
Robust interim results from a class act Price Data
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Robust interim results from a class act Price Data
Franchise Brands plc (FRAN:LON) | 182 -0.9 (-0.3%) | Mkt Cap: 351.7m
- Published:
30 Jul 2020 -
Author:
Thomas Like -
Pages:
17
Franchise Brands has reported robust results that reflect an impressive Q1, a Q2 impacted by CV-19 and the inclusion of trading at Willow Pumps. Revenue increased +21% to £24.2m (H1 2019: £20.1m) including an inaugural contribution from Willow Pumps. On a like-for-like basis, revenues declined to £18.0m reflecting the impact of CV-19. Fee and direct labour income leapt +39% to £14.7m (H1 2019: £10.6m) and Adjusted EBITDA increased +13% to £2.8m (H1 2019: &p