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The Property Franchise ( (GB:TPFG) ) just unveiled an update.
The Property Franchise Group PLC reported a transformational year in 2024, marked by significant organic and inorganic growth, including a 146% increase in revenue to £67.2m. This growth was bolstered by the merger with Belvoir Group PLC and the acquisition of GPEA Limited, which expanded the company’s market reach and strengthened its financial services and licensing divisions. The company now operates in three distinct business divisions: Franchising, Financial Services, and Licensing. The integrations have started to yield synergies, and the group’s diversified revenue streams have positioned it well for future growth, despite market cyclicality. Looking ahead to 2025, TPFG is focused on further integration and capitalizing on opportunities such as the Renters Reform Bill and the expected interest rate cuts, which are anticipated to drive further growth.
More about The Property Franchise
The Property Franchise Group PLC (TPFG) is the UK’s largest multi-brand property franchisor, operating over 1,946 outlets delivering services to residential clients, alongside a strong Financial Services business. Founded in 1986, TPFG has expanded to a diverse portfolio of 18 brands across the UK and is a member of leading mortgage networks. Headquartered in Bournemouth, it is listed on AIM on the London Stock Exchange.
YTD Price Performance: 1.23%
Average Trading Volume: 68,532
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £261.4M
For detailed information about TPFG stock, go to TipRanks’ Stock Analysis page.