EPISODE · Jul 28, 2023 · 39 MIN
Franchise Brands (FRAN) Interim results presentation - July 23
from PIWORLD Investor Podcasts · host piworld
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. For further information, visit www.franchisebrands.co.uk
What this episode covers
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 Chairman00:16 - Introduction01:29 - H1 23 Highlights03:09 - Strategic Developments Peter Molloy, CEO, B2B Division05:24 - B2B Division overview09:59 - B2B Division performance Jason Sayers, CEO, Filta International12:51 - FiltaMax strategy16:09 - Waste Oil sales17:09 - Filta International performance Alex McNutt, CEO, Pirtek Europe18:49 - Pirtek Europe overview23:25 - Pirtek Europe performance Stephen Hemsley, Executive Chairman26:38 - B2C division overview28:35 - P&L Statement31:31 - Adjusted EPS and dividend32:24 - Cashflow34:57 - Corporate governance36:00 - Corporate development and capital allocation37:14 - 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. For further information, visit www.franchisebrands.co.uk
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Franchise Brands (FRAN) Interim results presentation - July 23
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