REG - Franchise Brands PLC - Capital Markets Day

Franchise BrandsAnnouncement

20/02/2024 14:45

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RNS Number : 8102D  Franchise Brands PLC  20 February 2024

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
(http://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 (mailto: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
(http://www.franchisebrands.co.uk/)

 

 

 

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