11th Jan 2022 19:28
Franchise Brands PLC - Manchester-based owner of ChipsAway, Willow Pumps and Metro Rod brands - Continues "strong trajectory" in fourth quarter of 2021. Notes commercial drainage arm Metro Rod system sales for quarter up 22% annually to record GBP13.7 million, taking it to a best-ever GBP50.4 million in 2021, up 24% from 2021. "Willow Pumps' service division continues to grow and contributed to the overall business growing sales for the year by 11% to GBP13.8 million," Franchise Brands adds. "However, the supply and install division has been slower to recover." To release annual results on March 3.
Current stock price: 162.34 pence
12-month change: up 55%
By Eric Cunha; [email protected]
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