Franchise Brands PLC Lockdown easing leads to record job numbers
25 May 2021 - 4:00PM
RNS Non-Regulatory
TIDMFRAN
Franchise Brands PLC
25 May 2021
Reach announcement (non-regulatory)*
25 May 2021
FRANCHISE BRANDS PLC
("Franchise Brands", the "Company" or the "Group")
Lockdown easing leads to record job numbers at Metro Rod and
Metro Plumb
Franchise Brands plc (AIM: FRAN), a multi-brand franchise
business, is pleased to share details of a new record at its B2B
division, where in the past two weeks and with the easing of
lockdown restrictions, lead intake at Metro Rod and Metro Plumb
surged to 9,300 jobs, surpassing the previous record reached during
the seasonal 2019 pre-Christmas rush by 4%. In the financial year
to 31 December 2019 (prior to Covid-19 impact), Metro Rod and Metro
Plumb completed 187,000 jobs.
Peter Molloy, Managing Director Metro Rod & Metro Plumb,
commented:
"I am delighted that our Metro Rod and Metro Plumb engineers are
once again able to welcome back and support our many customers in
the service and hospitality sectors as they reopen their doors
following the further easing of the lockdown last Monday."
Enquiries:
Franchise Brands plc + 44 (0) 1625 813231
Stephen Hemsley, Executive Chairman
Chris Dent, Chief Financial Officer
Julia Choudhury, Corporate Development Director
Allenby Capital Limited (Nominated Adviser
and Joint Broker) +44 (0) 20 3328 5656
Jeremy Porter / Liz Kirchner (Corporate
Finance)
Amrit Nahal (Sales and Corporate Broking)
Dowgate Capital Limited (Joint Broker) +44 (0) 20 3903 7715
James Serjeant / Colin Climie / Nicholas
Chambers
MHP Communications (Financial PR) +44 (0) 20 3128 8100
Katie Hunt +44 (0) 7884 494112
franchisebrands@mhpc.com
About Franchise Brands plc
Franchise Brands is focused on building market-leading
businesses in selected customer segments, primarily via a franchise
model. The Group currently has a combined network of over 425
franchisees across five principal franchise brands. Our focus is on
established brands which can benefit from our shared support
services, specialist sector expertise, management experience and
group resources.
The Group is organised into a B2B division comprised of Metro
Rod, Metro Plumb and Willow Pumps, and a B2C division that
incorporates ChipsAway, Ovenclean and Barking Mad. This divisional
organisation is designed to provide a greater focus and structure
to support the strategic development of our B2B and B2C brands.
Each of our brands are leaders in their respective markets and each
brand has a long trading history. The combined trading history of
all the Group's brands is over 135 years.
Franchise Brands plc employs 265 people across three principal
locations in Macclesfield, Kidderminster and Aylesford.
For further information, visit www.franchisebrands.co.uk .
*About Reach announcements
This is a Reach announcement and the information contained
within is not considered to have a significant impact on
management's expectations of the Group's performance. Reach is an
investor communication service aimed at assisting listed and
unlisted (including AIM quoted) companies to distribute
non-regulatory news releases into the public domain. Information
required to be notified under the AIM Rules for Companies, Market
Abuse Regulation or other regulation would be disseminated as an
RNS regulatory announcement and not on Reach.
This information is provided by Reach, the non-regulatory press
release distribution service of RNS, part of the London Stock
Exchange. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
Reach is a non-regulatory news service. By using this service an
issuer is confirming that the information contained within this
announcement is of a non-regulatory nature. Reach announcements are
identified with an orange label and the word "Reach" in the source
column of the News Explorer pages of London Stock Exchange's
website so that they are distinguished from the RNS UK regulatory
service. Other vendors subscribing for Reach press releases may use
a different method to distinguish Reach announcements from UK
regulatory news.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
NRASEAFALEFSEII
(END) Dow Jones Newswires
May 25, 2021 02:00 ET (06:00 GMT)
Franchise Brands (LSE:FRAN)
Historical Stock Chart
From Apr 2024 to May 2024
Franchise Brands (LSE:FRAN)
Historical Stock Chart
From May 2023 to May 2024