Updates

Franchise Brands

April 2025

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

The shares have been weak in the aftermath of its full year update, which said FY’24 adjusted EBITDA is expected to be very marginally below consensus expectations. Stifel has pared EBITDA forecasts by 1.5% to £35m. Tempering that, net debt was £65.1m, down from almost £75m the year before and £1m better than expected. Its largest business, Pirtek, grew system sales to record levels with like-for-like sales growth of 2% in UK and 4% in Europe. This reflects good demand for essential reactive work in most sectors despite continued subdued demand for project work and discretionary spending, as well as weakness in UK construction and plant hire and soft manufacturing in Germany. Filta North America performed strongly with syst ...

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Franchise Brands - Two directors buy 65,000 shares each at 137.5p (June 2025)

Franchise Brands (January 2025)

Franchise Brands (October 2024)

Franchise Brands - Pull-back lowers next year’s PE to just 12.0 (August 2024)

Franchise Brands (July 2024)

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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