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FRAN Franchise Brands Plc

144.00
-2.75 (-1.87%)
Share Name Share Symbol Market Stock Type
Franchise Brands Plc FRAN London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-2.75 -1.87% 144.00 11:48:58
Open Price Low Price High Price Close Price Previous Close
144.00 144.00 144.00 144.00 146.75
more quote information »
Industry Sector
SUPPORT SERVICES

Franchise Brands FRAN Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
27/03/2025FinalGBP0.01308/05/202509/05/202523/05/2025
17/09/2024InterimGBP0.01103/10/202404/10/202401/11/2024
03/06/2024FinalGBP0.01227/06/202428/06/202425/07/2024
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

Top Dividend Posts

Top Posts
Posted at 27/3/2025 14:08 by martinmc123
wealthoracle.co.uk/detailed-result-full/FRAN/1321
Posted at 28/1/2025 19:38 by grabster
Today's market reaction seems a bit unkind. 2-3 weeks ago I was fishing around for some more shorts, and FRAN didn't look enticing enough, so I missed out on its January slide. Had I taken a position I would have done OK - and would have counted myself lucky in not being hit by a little bounce on today's update. If it does fall further still I shall kick myself.
Posted at 20/6/2024 08:54 by davidosh
The results are also released today and the outlook statement is very cautious which is probably why there is selling pressure this morning...

Outlook

· The resilient underlying demand for the Group's essential reactive services means that the business continues to perform well and grow. The Group's key divisions all achieved record results in 2023, despite some softening in demand in the second half of the year in the construction and hire-fleet customer sectors which has continued into the current year.

· The fall in the price for used oil in the US also impacted profits in 2023, and whilst volumes continue to grow, the price continues to soften which will impact our income in 2024.

· The change in the accounting treatment of sale of franchise territories income from taking revenue upfront to spreading it over the life of the franchise agreement may also impact profit in 2024.

· The short-term operational focus is continuing the integration of all the Group's businesses and repaying the Pirtek acquisition debt, which is progressing well.

· The centralised international IT function will accelerate growth and new developments that can positively impact the Group although it will increase our IT expenditure in the short term.

· Capital allocation decisions will balance debt reduction, a progressive dividend policy and organic investment in the Group. The Board does not expect to make any further acquisitions of scale until the acquisition debt is substantially repaid.
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.

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