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Franchise Brands ( (GB:FRAN) ) just unveiled an update.
Franchise Brands PLC reported a strong financial performance for the year ending December 2024, with a 20% increase in system sales and a 16% rise in adjusted EBITDA, despite challenging macroeconomic conditions. The company launched the ‘One Franchise Brands’ initiative to integrate its operations, enhance sales, and improve efficiency. The appointment of a new CEO and other leadership roles aims to strengthen the company’s strategic execution. The Group’s geographic diversification and focus on essential services have positioned it well for future growth, with an optimistic outlook for 2025.
More about Franchise Brands
Franchise Brands is an international, multi-brand franchisor that focuses on B2B van-based services, operating with seven franchise brands across 10 countries, including the UK, North America, and Europe. The company aims to build market-leading businesses through a franchise model, supporting over 600 franchisees with central services in technology, marketing, and finance. Key brands include Pirtek, Filta, Metro Rod, and Metro Plumb.
YTD Price Performance: -13.84%
Average Trading Volume: 133,730
Technical Sentiment Signal: Buy
Current Market Cap: £265.5M
For detailed information about FRAN stock, go to TipRanks’ Stock Analysis page.