Record system sales and profitExecutive chair role splitMain market listing being consideredMulti-brand franchisor Franchise Brands (FRAN:AIM) revealed record system sales and adjusted profits for 2024 despite ongoing macroeconomic headwinds, demonstrating the resilience of the group.The shares rallied 2.6p or 2% to 139.6p and sit roughly a fifth below where they traded 12 months ago. ...

Profit at top end of expectationsBusiness has doubled in sizeMedium term goal to double againDespite delivering full year profit at the top end of market expectations and doubling the size of the business, investors gave multi-brand franchise operator Franchise Brands (FRAN:AIM) the thumbs down with the shares dropping 11% to 152.6p.While all the group's key divisions achieved record results...

Franchise Brands' (FRAN:AIM) acquisition of Pirtek Europe gives it a springboard to scale its European footprint and accelerate growth of its existing business-to-business services.The combined group will become one of the world's largest business-to-business franchise groups with over 310 franchisees operating across 10 countries.The share price recently fell 25% to reflect a discounted...

- Proposed acquisition of Pirtek for £200 million- Discounted equity raise of £90 million- Deal expected to be earnings accretive in first yearShares in Franchise Brands (FRAN:AIM) dropped 23% to 185p on Tuesday after the multi-brand franchisor announced a £90 million heavily discounted equity raise to part fund the purchase of Hydraulic Authority, owner of Pirtek, a European provider of...

- Record first half trading boosted by transformational Filta acquisition- Full year expectations upped to top end of market forecast- Dividend increased by 50%International multi-brand franchise business Franchise Brands (FRAN:AIM) generated strong first-half revenue and profit growth through June, prompting management to upgrade full-year expectations to the top end of market...

Multi-franchised business Franchise Brands (FRAN:AIM) has agreed to acquire franchised fryer management firm Filta Group (FLTA:AIM) in an all-share deal which values the company at 170.7p per share, representing a 7.7% premium to yesterday's 158.5p closing price.Investors might complain that the implied premium looks a little skinny, but it would represent around 30% to the average volume...

Multi-franchise company Franchise Brands (FRAN:AIM) said trading in the six months to 30 June had made good progress with record system sales at its specialty drain clearance franchise Metro Rod. The shares fell 1% to 149p.Sales at business-to-business franchise Metro Rod have returned to the strong growth seen before the pandemic with first-half revenues growing 21% compared with 17% in 2019,...

The UK's major shares made a slow start to trading on Monday but news of a second buyout offer for supermarket chain Morrisons (MRW) will dominate investor chatter.Investors will also have a eye on an announcement later today on the easing of lockdown restrictions on July 19, with Boris Johnson set to encouragement Britons that they will have to adapt to life with Covid rather than hiding from...

Shares in multi-brand franchise business Franchised Brands (FRAN:AIM) jumped 7.4% to 109p as it outlined new growth targets, after reporting resilient full year revenues up 12% to £49.3 million and adjusted pre-tax profit up 19% to £4.8 million.NEW STRATEGIC TARGETFranchised Brands runs both business-to-business (B2B) and business-to-consumer (B2C) brands, making income from charging fees to...

The news on 9 November of successful early trials of a coronavirus vaccine sent global markets soaring with the most beaten-down sectors like travel, leisure and hospitality, energy and banks enjoying their best daily or weekly performance in years. This has been followed by further positive news on other vaccines in development.It remains the case, however, that many of the top-performing...

Multi-brand franchise business Franchise Brands (FRAN:AIM) posted a positive third quarter trading update thanks to a 'steady recovery in trading' and said it was confident of meeting market forecasts for revenues and operating earnings for the full year.Shares climbed 5% to 96.5p while the rest of the market struggled with the FTSE 100 benchmark down 1.8% by mid-morning.In its...

Multi-brand franchiser Franchise Brands (FRAN:AIM) reported full year revenues up 24% to £44m, above analysts' expectations and giving the shares a 4% boost to 130.4p.Executive chairman Stephen Hemsley commented, 'trading in 2020 has started well, with job intake at Metro Rod, Metro Plumb and Willow Pumps up on the same period in 2019 and a strong start to the year for franchisee recruitment...

Multi-brand international franchiser, Franchise Brands (FRAN:AIM) has reported strong interim results that comfortably beat broker expectations.The Macclesfield-head quartered company runs several businesses in the emergency repairs and maintenance space, providing centralised administration, marketing support and other services to individual franchisee operators.Plumbing and unblocking drains...

Companies with franchise business models have often been very good investments over the years. Many have been able to pay generous dividends as well as deliver capital growth for shareholders.Well-run franchises provide investors with defensive characteristics as well as growth opportunities, and therefore can be a valuable addition to a balanced investment portfolio.Franchise models can take...

The clock is ticking towards the end of the tax year on 5 April which means investors should take advantage of any unused ISA allowance now. Everyone is allowed to invest up to £20,000 a year across the range of ISAs and you don't have to pay any tax on capital gains and income on investments held within the ISA.You should take advantage of any unused allowance to transfer across investments...

The boss of Franchise Brands (FRAN:AIM) says the company's Metro Rod drain clearance and maintenance services business has just seen its busiest-ever day for orders.Freezing weather led to burst pipes, creating plenty of work for Metro Rod which was acquired by Franchise Brands in April 2017. The 'beast from the east' was also well timed as it followed Metro Rod's first ever marketing campaign...

A man walks into a bar. He says: 'I want to unblock a drain, look after a dog and fix a scratch on a car'.While this sounds like a joke, it doesn't have a comedic punch line. Instead, it's an accurate description of a £47m business quoted on AIM called Franchise Brands (FRAN:AIM).There's very good reason to take a closer look as it's fairly easy to see why some investors are excited about its...

Falling profits at Next (NXT) is old news. For investors, the key focus in today's full year results is the fact that the retailer hasn't further downgraded earnings guidance. The market seems pleased with signs of stabilisation after a tricky few years for the business, hence why the shares rise 1.7% to £39.51.GVC (GVC) enjoys a 2.2% share price lift as its full year earnings beat analysts'...

Small business franchise provider Franchise Brands (FRAN:AIM) is on the acquisition trail after sealing a £900,000 deal to buy dog-sitting business Barking Mad.Franchise Brands raised £3.5m in an initial public offering in August to start a buy-and-build strategy in the sector.Existing brands include Ovenclean, which licences operators to run oven cleaning businesses, and Chipsaway, which...

Franchise Brands (FRAN:AIM) opens its acquisition campaign with the £900,000 acquisition of Barking Mad, a dog sitting service with 71 franchisees.Shares in Franchise Brands gained 13% to 59.4p after an already strong run since an initial public offering (IPO) in August which raised £3.5m at 33p a share.Headed by Domino's Pizza (DOM:AIM) chairman Stephen Hemsley, the Barking Mad deal is the...