20
February 2024
Franchise Brands
PLC
("Franchise Brands", the "Group" or the "Company")
Capital Markets
Day
Franchise Brands plc (AIM: FRAN), an
international multi-brand franchise business, is hosting a Capital
Markets Day at 2.30pm today, where it will set out the Group's
growth journey so far, growth potential, medium-term strategic
model and financial targets for 2027.
The event will be hosted by Stephen
Hemsley, Executive Chairman, and will include presentations from
the Group's leadership team as follows:
- Unlocking the Group's
potential - Stephen Hemsley, Executive Chairman;
- How the Maximum
Potential Model drives business growth, with presentations as
follows:
o Pirtek - Chris Stuckey, divisional CEO
o Water & Waste Services - Peter Molloy, divisional
CEO
o Filta International - Jason Sayers, divisional CEO
o B2C
Division - Tim Harris, divisional Managing Director
o The
Growth Summit - Julia Choudhury, Corporate Development
Director
- The digital
transformation of the business - Colin Rees, Chief Information
Officer
- How marketing supports
the Maximum Potential Model - Robin Auld, Group Marketing
Director;
- Strategic targets and
de-gearing - Mark Fryer, Chief Financial Officer; and
- The investment case -
Stephen Hemsley, Executive Chairman.
In the presentations, the Group will
set out details of its growth potential and medium-term strategic
model including that:
- the next three years
will focus on integration, organic growth and
deleveraging;
- the Group's Maximum
Potential Model shows significant opportunities for growth given
the current small share of large, fragmented markets;
- the strategic model
underscores the Group's medium-term ambitions, which targets system
sales of £600m and adjusted EBITDA of £60m in 2027;
- operational gearing will
be a significant growth driver, enabled by technology, and will
underpin the path to 10%+ adjusted EBITDA margins; and
- the Group will use cash
flow from its highly cash generative businesses to de-gear and
anticipates being in a net cash position in 2027.
The presentation materials and a
webcast of the event will be made available shortly after the event
on the Company's website www.franchisebrands.co.uk
Enquiries:
|
Franchise Brands plc
|
+
44 (0) 1625 813231
|
|
|
Stephen Hemsley, Executive
Chairman
|
|
|
|
Mark Fryer, Chief Financial
Officer
|
|
|
|
Julia Choudhury, Corporate
Development Director
|
|
|
|
|
|
|
|
Allenby Capital Limited (Nominated Adviser and Joint
Broker)
|
+44
(0) 20 3328 5656
|
|
|
Jeremy Porter / Liz Kirchner
(Corporate Finance)
Amrit Nahal / Joscelin Pinnington
(Sales & Corporate Broking)
|
|
|
|
|
|
|
|
Dowgate Capital Limited (Joint Broker)
|
+44
(0) 20 3903 7715
|
|
|
James Serjeant / Russell Cook /
Nicholas Chambers
|
|
|
|
Stifel Nicolaus Europe Limited (Joint
Broker)
|
+44
(0) 20 7710 7600
|
|
|
Matthew Blawat / Francis
North
|
|
|
|
|
|
|
MHP
Group (Financial PR)
|
+44
(0) 20 3128 8100
|
|
|
Katie Hunt/Catherine
Chapman
|
+44
(0) 7884 494112
|
|
|
|
franchisebrands@mhpgroup.com
|
|
|
|
|
| |
About Franchise Brands plc
Franchise Brands is an
international, multi-brand franchisor focused on building
market-leading businesses primarily via a franchise model. The
Group has a combined network of over 625 franchisees across seven
franchise brands in ten countries covering the UK, North America
and Europe.
Franchise Brands' focus is on B2B
van-based reactive and planned services. The Company owns several
market-leading brands with long trading histories, including Pirtek
in Europe, Filta, Metro Rod and Metro Plumb, all of which benefit
from the Group's central support services, particularly technology,
marketing, and finance. At the heart of Franchise Brands'
business-building strategy is helping its franchisees grow their
businesses: "if they grow, we grow".
Franchise Brands employs over 700
people across the Group.
For further information,
visit www.franchisebrands.co.uk
