The Property Franchise Group CEO, Gareth Samples and CFO, David Raggett present full year results for the period ended 31 December 2022.
The Group achieved a strong financial performance in FY22 through organic growth in lettings and the full impact of the acquisition of Hunters Property PLC in March 2021. Revenue and Management Service Fees increased significantly against the economic backdrop, driving forward profits and earnings. Looking forward, Q1 has been slightly ahead of management's expectations with regards to both revenue and profitability and the Board remains confident of delivering growth in 2023 and beyond.
Gareth Samples, CEO
00:16 - Introduction
02:41 - FY22 Highlights
David Raggett, CFO
05:20 - Financial overview
08:20 - Revenue
10:16 - Cashflow
11:24 - 5 Year trends
Gareth Samples, CEO
14:23 - Market update
17:58 - Growth opportunities & Initiatives
27:33 - Executive team
29:34 - Outlook
30:30 - Q&A
The Property Franchise Group PLC (AIM: TPFG) is the largest property franchisor in the UK and manages the second largest estate agency network and portfolio of lettings properties in the UK.
The Company was founded in 1986 and has since grown to a diverse portfolio of nine brands operating throughout the UK, comprising longstanding high-street focused brands and a hybrid, no sale no fee agency.
The Property Franchise Group's brands are Martin & Co, EweMove, Hunters, CJ Hole, Ellis & Co, Parkers, Whitegates, Mullucks & Country Properties.
Headquartered in Bournemouth, UK, the Company was listed on AIM on the London Stock Exchange in 2013. More information is available at www.propertyfranchise.co.uk
