Franchise Brands (FRAN) Full Year 2022 presentation - March 2023

FRAN Executive Chairman, Stephen Hemsley and Peter Molloy, Managing Director, B2B Division present the final results for the year ended 31 December 2022. It was another significant and highly successful year for the Group with record organic growth at Metro Rod and the transformational acquisition of Filta which has performed ahead of expectations. Stephen Hemsley, Executive Chairman 00:17 Intro & agenda 00:47 Overview 03:21 Highlights Peter Molloy, Managing Director, B2B Division 04:32 Franchise Brands at a glance 07:26 International footprint Stephen Hemsley, Executive Chairman 08:17 profit bridge for 22 09:15 Corporate activity and strategic review Peter Molloy, Managing Director, B2B Division 12:33 Business performance 12:59 Metro Rod & Metro Plumb 17:54 Willow Pumps & Filta 21:33 Cross selling opportunities Stephen Hemsley, Executive Chairman 23:02 Filta 30:39 B2C Peter Molloy, Managing Director, B2B Division 32:48 Technology enablement Stephen Hemsley, Executive Chairman 38:31 Technology enablement contd 40:06 Summary of group financial results 42:40 Divisional trading results Peter Molloy, Managing Director, B2B Division 43:06 B2B division results Stephen Hemsley, Executive Chairman 45:57 Filta results 51:33 B2C division results 52:03 Adjusted & statutory profit 53:27 Cash flow 55:32 Balance sheet 56:07 Summary & outlook Franchise Brands plc is a holding company. It is focused on building businesses in selected customer segments, using primarily a franchise model. It operates through three segments: B2B-Franchisor, B2B-DLO and B2C. The B2B-Franchisor segment is made up of Metro Rod and Metro Plumb. B2B-DLO segment is made up of Willow Pumps, and other B2B DLOs. B2C segment is made up of ChipsAway, Ovenclean and Barking Mad. It has a combined network of approximately 425 franchisees across five principal brands in the United Kingdom (UK). Its brands include Metro Rod, Willow Pumps, Metro Plumb, ChipsAway, Ovenclean, Barking Mad, Azura Group and The Handyman Van. Metro Rod is the provider of drain clearance, repair, and maintenance services. These services are provided by 42 franchisees with geographical coverage across the UK. Metro Plumb is a national plumbing franchise with more than 30 regional plumbing centers. Filta serves commercial kitchen services sector, servicing restaurants and supermarket.