FY2018 was a year of strong growth for Franchise Brands, with EBITDA growth of 37% achieved despite the challenges that required an overhaul of Metro Rod’s operations and support systems. Our expectations for FY2019 assume a continuation of the growth trend as the real potential at Metro Rod is unlocked and anticipates an organic increase in EBITDA of 28%. With the integration of Metro Rod now complete, management’s attention is turning to the selective acquisition of other reasonably valued fra ....
13 Mar 2019
Strong growth achieved, ahead of bullish forecasts
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Strong growth achieved, ahead of bullish forecasts
Franchise Brands plc (FRAN:LON) | 182 -0.9 (-0.3%) | Mkt Cap: 351.7m
- Published:
13 Mar 2019 -
Author:
Ian Jermin -
Pages:
15
FY2018 was a year of strong growth for Franchise Brands, with EBITDA growth of 37% achieved despite the challenges that required an overhaul of Metro Rod’s operations and support systems. Our expectations for FY2019 assume a continuation of the growth trend as the real potential at Metro Rod is unlocked and anticipates an organic increase in EBITDA of 28%. With the integration of Metro Rod now complete, management’s attention is turning to the selective acquisition of other reasonably valued fra ....