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Record first quarter for Franchise Brands sees shares jump

Franchise Brands PLC (LON:FRAN) shares went up today, Tuesday after it reported a record first quarter ahead of its annual general meeting. Charismatic CEO Stephen Hemsley tells Proactive London how the recruitment side of the business has gone from strength to strength after a recent lull. News here too on the company's massive investment in IT; from simply updating customers with real time information on their orders and a transformational 'dashboard' system for franchisees showing them how their business is going.
Hemsley added the franchise network had grown sales by 12% in the period compared to 10.4% growth in the whole of its 2018 fiscal year.

Quick facts: Franchise Brands PLC

Price: 107 GBX

Market: AIM
Market Cap: £84.87 m

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“A lot of businesses could benefit from professional central services,” says...

“A lot of people who operate franchises don’t do marketing, finances, recruitment or IT very well, so we use those skills we have in franchising to help the owners grow the franchise network,” Stephen Hemsley told Proactive. The executive chair of Franchise Brands PLC (LON:FRAN) also said...

on 26/3/18

2 min read