Franchise Brands’ trading update for the year to December 2019 states that results are expected to be “at least” in line with consensus market expectations which the Board believes to be revenue of £40.55m, underlying EBITDA of £5.15m and underlying EPS of 4.26p implying significant year on year growth. Allenby Capital’s forecasts are marginally above consensus, however, our forecasts remain unchanged for FY2019 and FY2020. With Metro Rod trading well, the
15 Jan 2020
Significant year on year growth achieved in FY2019
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Significant year on year growth achieved in FY2019
Franchise Brands plc (FRAN:LON) | 182 -0.9 (-0.3%) | Mkt Cap: 351.7m
- Published:
15 Jan 2020 -
Author:
Ian Jermin -
Pages:
3
Franchise Brands’ trading update for the year to December 2019 states that results are expected to be “at least” in line with consensus market expectations which the Board believes to be revenue of £40.55m, underlying EBITDA of £5.15m and underlying EPS of 4.26p implying significant year on year growth. Allenby Capital’s forecasts are marginally above consensus, however, our forecasts remain unchanged for FY2019 and FY2020. With Metro Rod trading well, the