Franchise Brands has released a very encouraging trading update that confirms the Group's revenue and profits for FY2019 to be at least in line with consensus market expectations. This strong performance was driven by excellent growth in System Sales by the Metro Rod franchisees. Willow Pumps, which was acquired in October 2019, is trading in line with the Board's expectations and the integration of the business into the Group is progressing well.
15 Jan 2020
Price Data Accelerating growth
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Price Data Accelerating growth
Franchise Brands plc (FRAN:LON) | 182 -0.9 (-0.3%) | Mkt Cap: 351.7m
- Published:
15 Jan 2020 -
Author:
Thomas Like -
Pages:
16
Franchise Brands has released a very encouraging trading update that confirms the Group's revenue and profits for FY2019 to be at least in line with consensus market expectations. This strong performance was driven by excellent growth in System Sales by the Metro Rod franchisees. Willow Pumps, which was acquired in October 2019, is trading in line with the Board's expectations and the integration of the business into the Group is progressing well.