Franchise operator makes strong progress
Franchise Brands, the Kidderminster-based franchisor with international operations, has revealed strong performance led by its relatively recent acquisition MetroRod.
In March 2017 it agreed a “transformational” £28m deal for the Macclesfield-based drain clearance business, which became its fourth franchise business.
The impact of MetroRod has increased group revenues by 88% to £16.8m for the six months to June. Its adjusted EBITDA - a measure of operational profitability - increased 46% to £1.8m.
"The first half of 20... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
