Franchise Brands Forecasts Strong EBITDA

Franchise Brands (GB:FRAN) has released an update.

Franchise Brands PLC anticipates reporting a top-end Adjusted EBITDA for FY23, with a proposal for a 10% increased final dividend pending shareholder approval at the upcoming AGM. Despite a delay in publishing this year’s results due to a rigorous audit process, the company plans to adjourn and later resume its AGM to accommodate the release of the annual report. Franchise Brands, known for its international franchise business model, has recently expanded with the acquisition of Pirtek Europe.

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