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FRAN Franchise Brands Plc

182.00
0.00 (0.00%)
Last Updated: 08:00:18
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Franchise Brands Plc FRAN London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 182.00 08:00:18
Open Price Low Price High Price Close Price Previous Close
182.00 182.00 184.00 182.00
more quote information »
Industry Sector
SUPPORT SERVICES

Franchise Brands FRAN Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
27/07/2023InterimGBP0.0114/09/202315/09/202313/10/2023
09/03/2023FinalGBP0.01113/04/202314/04/202312/05/2023
26/07/2022InterimGBP0.00908/09/202209/09/202223/09/2022
03/03/2022FinalGBP0.00912/05/202213/05/202227/05/2022
22/07/2021InterimGBP0.00602/09/202103/09/202117/09/2021
04/03/2021FinalGBP0.00813/05/202114/05/202128/05/2021
30/07/2020InterimGBP0.00301/10/202002/10/202019/10/2020
05/03/2020FinalGBP0.006507/05/202011/05/202008/06/2020
23/07/2019InterimGBP0.00305/09/201906/09/201924/09/2019
13/03/2019FinalGBP0.004602/05/201903/05/201920/05/2019

Top Dividend Posts

Top Posts
Posted at 27/2/2024 10:03 by tomps2
Franchise Brands (FRAN) Capital Markets Day - February 24

Franchise Brands, an international multi-brand franchise business, hosted a Capital Markets event for analysts and investors on the 20 Febuary 2024. Executives and operational management provided an overview of the companies divisions and outlined their plan for growth.

Watch the video here:

Or listen to the podcast here:
Posted at 04/5/2023 09:08 by someuwin
4 May 2023

Franchise Brands plc

("Franchise Brands", the "Group" or the "Company")

Investor Presentation

Franchise Brands (AIM: FRAN), an international multi-brand franchise business, is pleased to announce that Stephen Hemsley, the Group's Executive Chairman, will be interviewed and will also be presenting at the UK Investor Show on 13 May 2023.

The UK Investor Show will take place at the Queen Elizabeth II Conference Centre, Westminster, London, SW1P 3EE. Stephen Hemsley will be interviewed on the Main Stage at 10am and will then be presenting at 11:30am in the City Index breakout room. Further information can be found at .

The presentation will be available in the investor section of the Company's website ( www.franchisebrands.co.uk ) shortly after the event.

The Company looks forward to meeting current and prospective investors at the event.
Posted at 18/4/2023 07:15 by someuwin
18 April 2023

Franchise Brands plc

("Franchise Brands" or the "Group")

AGM Statement and Q1 Trading Update

Strong momentum continued in Q1 2023

Announcement of transformational acquisition of Pirtek Europe

Franchise Brands plc (AIM: FRAN), an international multi-brand franchise business, will hold its Annual General Meeting today at 11.00am, at which Stephen Hemsley, Executive Chairman, will provide the following update:

"As reported in our annual results, the excellent momentum in the B2B Division that was a feature of 2022 has continued. Metro Rod experienced strong growth in system sales, achieving record levels in Q1. The integration of Filta UK within this division continues with the combined objectives of improving customer service and reducing costs in the medium term. The defensive, mainly essential services provided by this division have proved resilient despite the current macro-economic uncertainties.

"Filta in North America has continued to perform robustly in Q1 with franchise and equipment sales driving growth. Revenue from the sale of used cooking oil for biodiesel production was in line with expectations, with increased volumes compensating for the anticipated lower price of used oil. The outlook for used oil revenues remains unchanged. The FiltaMax expansion strategy is gathering momentum, underpinning our confidence in the continued growth of Filta in North America.

"As expected, franchisee recruitment in the B2C division has improved in Q1 compared to Q4 2022. ChipsAway, the largest brand in the division, is now back to the same level as achieved in Q1 2022. The level of attrition has also reduced to below the five-year average. However, as anticipated, the loss of franchisees in 2022 and increased overheads generally have impacted income in Q1 2023.

"On 3 April 2023, Franchise Brands announced the proposed transformational acquisition of Hydraulic Authority I Limited, the owner of Pirtek Europe, the leading European provider of on-site hydraulic hose replacement and associated services, for a consideration of £200 million, plus a working capital adjustment of £12.2m. Subject to shareholder approval at the General Meeting on 20 April, the acquisition is expected to complete on 21 April.

"Pirtek Europe provides a mission-critical, emergency response service to a diverse portfolio of customers, principally via a network of 70 franchisees. The business has 213 service centres and 838 mobile service vehicles in eight countries - the UK, Republic of Ireland, Germany, France, Austria, Belgium, Sweden and the Netherlands. Pirtek Europe has a royalty-free, indefinite Master Franchise Licence Agreement in respect of 16 countries in Europe, so has significant opportunities for expansion.

"The acquisition of Pirtek Europe, which will expand the Group's operations into ten countries, will significantly advance the Board's ambition of creating a market-leading international B2B multi-brand franchisor that generates its income equally from the UK, North America and continental Europe. It also provides a low-cost platform from which to launch the Group's current brands into new markets and the opportunity to further leverage central services efficiently, principally in the areas of technology, marketing and finance. The acquisition is expected to be immediately earnings accretive.

"In conclusion, the existing Group has had a good start to 2023. The acquisition of Pirtek Europe will further transform the Group by diversifying the range of emergency response services provided and our geographical reach and customer base. This will provide greater resilience to earnings and provide a platform for the acceleration in the growth of our business. We, therefore, look forward to the rest of 2023 and beyond with great confidence."
Posted at 05/4/2023 12:25 by disc0dave45
Oh, of course, my apologies.So Pirtek 3p and Fran 6.2p gets to the house brokers forecast 9.3p eps. So possible sh upside mid teens?.Just not too certain now about the debt they've taken on at a fairly high rate of interest.......think it clearly showed with the heavily discounted placing and the said rate of interest that banks are not as keen as they were to provide funds.
Posted at 05/4/2023 12:00 by disc0dave45
2023 adj pbt £5.6m, so circa £4.2m after tax, that’s a 58% (edit 38% not 58%) reduction on net profit for 2022 (year ending 31st March).
Based on 5 year average net profit (3 years actual & 2 years forecast), they’ve paid circa 28x profit for the business…̷0;where’s the upside?.
So forecast 2023 eps for Pirtek is 2p, consensus forecast for Fran pre-acquisition was 9.2p, so 6.2p with the additional shares issued, that’s a total for 2023 of 8.2p eps. Seems IMO that the 180p is fair value atm but they’ve taken on a lot more risk…….DYOR wtfdik
Posted at 05/4/2023 11:34 by disc0dave45
Thanks for that.On face value it looks like shares are cheap but their debt now is a concern (interest circa 7% pa which seems high), also IMO they paid too much for Pirtek Europe. From their accounts they made net profit of £8.6m, £6.8m and £10.1m for FY20, FY21 and FY22 respectively, that's only a CAGR for the 3 years (I used 3 as that's what Fran used but they prorated to year ends Dec not March for some reason) of 5.5%.They paid 25 times the 3 year average net profit......that's way too much IMO.Will do a bit more digging as their forecast numbers do seem like there's value but the actual accounts don't?.
Posted at 10/3/2023 15:01 by tomps2
Franchise Brands (LON:FRAN) reported full year results yesterday, here is the presentation they gave to analysts at the LSE

Video: hxxps://www.piworld.co.uk/company-videos/franchise-brands-fran-full-year-2022-presentation-march-2023/
Podcast: hxxps://piworld.podbean.com/e/franchise-brands-fran-full-year-2022-presentation-march-2023/

Executive Chairman, Stephen Hemsley (ex Dominos Pizza) and Peter Molloy, Managing Director, B2B Division gave a very comprehensive presentation. The figures are strong with a big contribution from the 2022 acquisition of Filta, which was previously AIM listed.

Revenue £99.2m +72%
aEBITDA £15.3m +80%
aEPS 8.38p +51%
Dividend 2p +33%
Net cash £8m

They run through each of the brands and go into detail on Filta. They plan to sell the B2C division; to grow the B2B division through cross-sell and upsell; to use technology to drive efficiency and continue to look for further earnings-enhancing acquisitions. Stocko is showing an upgrade to forecasts, yesterday.
Posted at 12/1/2023 13:53 by kalai1
Franchise Brands plc, a multi-brand franchisor, issued a trading update for the FY ended 31st December 2022. The Board expects the Group's revenue, adjusted EBITDA, and adjusted EPS for the year ended 31 December 2022 to be slightly ahead of recently-increased current consensus market expectations – these are for revenue of £98.75m, adjusted EBITDA of £14.73m and adjusted EPS of 7.70p. Both top line and EPS are still growing robustly, the share price is already in a solid uptrend. Valuation looks a little stretched with forward PE ratio at 26.4x. But the trailing 12 month PE multiple has trade up to 40x-50x on many occasions over the past 5 years. A cheaper price would be nice, but may not be achievable near term. Certainly worth owning for the longer run given the growth performance that is being delivered. BUY...

...from WealthOracle
Posted at 03/3/2022 09:55 by trt
Good results today 36% increase in the dividend too.
Posted at 17/2/2022 18:19 by km18
...from last year...

Franchise Brands plc is a multi-brand franchise business, current market cap around £144b. The  group currently has 5 principal franchise brands in the UK with over 425 franchisees. The focus is on established brands which can benefit from the group’s shared support services, specialist sector expertise, management experience and group resources.

The group has 2 divisions, a B2B division comprised of Metro Rod, MetroPlumb and Willow Pumps and a B2C division which includes ChipsAway, Ovenclean and Barking Mad.  

Todays H1 2021 trading update was reasonable, if not stellar. But the Board is pleased with progress made over the past 6 months. Interim results for H1 will be published on 22 July....from WealthOracleAM

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