29th July 2022   |   News

Stephen Hemsley, Executive Chairman, on buoyant first half for Franchise Brands plc

Franchise Brands’ Stephen Hemsley, executive chairman, joins Proactive to talk about its first six months of 2022.

Revenues rose 60% to £44.5mln, underlying profits (EBITDA) were 74% higher at £7.3mln and pre-tax profits were up by 83% to £4.8mln.

Hemsley says Metro Rod and Metro Plumb led the way with sales up by 20% to £28.5mln while new acquisition Filta International also delivered strong results.