H1 2019 was a period of strong organic growth for the Group with encouraging progress from the Group’s principal brand, Metro Rod. Following a much-needed overhaul of Metro Rod’s IT systems and processes and a revitalised franchisee network, there was an acceleration in system sales up 15% year-on-year (yoy). With a new works management system due to be rolled out in Q4 2019/Q1 2020, Metro Rod will be far better equipped to unlock the potential within the franchise network that th
23 Jul 2019
A further period of strong organic growth
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A further period of strong organic growth
Franchise Brands plc (FRAN:LON) | 198 22.7 6.2% | Mkt Cap: 382.7m
- Published:
23 Jul 2019 -
Author:
Ian Jermin -
Pages:
12
H1 2019 was a period of strong organic growth for the Group with encouraging progress from the Group’s principal brand, Metro Rod. Following a much-needed overhaul of Metro Rod’s IT systems and processes and a revitalised franchisee network, there was an acceleration in system sales up 15% year-on-year (yoy). With a new works management system due to be rolled out in Q4 2019/Q1 2020, Metro Rod will be far better equipped to unlock the potential within the franchise network that th