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.