Strong growth across Filta's service offering led the company to outperform our expectations on revenue, EBITDA and EPS. The purchase of WatBio has significantly transformed Filta's grease management operation into one of the UK's major players, whilst the buy-in of the master franchise in Germany establishes a platform for franchise expansion into Europe. Each of these 2018 acquisitions further supports Filta's recurring revenue business model.
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Cenkos: Filta Group Holdings Plc - FY18A results
- Published:
15 Apr 2019 -
Author:
Peter Renton -
Pages:
7
Strong growth across Filta's service offering led the company to outperform our expectations on revenue, EBITDA and EPS. The purchase of WatBio has significantly transformed Filta's grease management operation into one of the UK's major players, whilst the buy-in of the master franchise in Germany establishes a platform for franchise expansion into Europe. Each of these 2018 acquisitions further supports Filta's recurring revenue business model.