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Franchise Brands (FRAN)

Franchise Brands (FRAN) Interim results presentation - July 23

28 July 2023

Stephen Hemsley, Executive Chairman, Peter Molloy, CEO, B2B division, Jason Sayers, CEO, Filta International and Alex McNutt, CEO, Pirtek Europe present interim results for the six months ended 30 June 2023.

Stephen Hemsley, Executive Chairman
00:16 – Introduction
01:29 – H1 23 Highlights
03:09 – Strategic Developments

Peter Molloy, CEO, B2B Division
05:24 – B2B Division overview
09:59 – B2B Division performance

Jason Sayers, CEO, Filta International
12:51 – FiltaMax strategy
16:09 – Waste Oil sales
17:09 – Filta International performance

Alex McNutt, CEO, Pirtek Europe
18:49 – Pirtek Europe overview
23:25 – Pirtek Europe performance

Stephen Hemsley, Executive Chairman
26:38 – B2C division overview
28:35 – P&L Statement
31:31 – Adjusted EPS and dividend
32:24 – Cashflow
34:57 – Corporate governance
36:00 – Corporate development and capital allocation
37:14 – Summary and Outlook

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 648 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 some 715 people across the Group.

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