| |
| Please Note - Streaming News is only available to subscribers to the Active Level and above |
|
|
|
Franchise Brands Q1 adjusted earnings hit record as turnover returns to pre-Covid levels
StockMarketWire.com
|
Franchise business Franchise Brands said reported first quarter adjusted earnings hit a record as turnover returned to pre-COVID 19 levels by the end of quarter.
Q1 adjusted earnings before interest, tax, depreciation and amortisation, or EBITDA, grew 24% to a record of £2 million year-on-year, the company said.
'Our ability to achieve 24% growth in EBITDA underpins the organic growth element of our strategic financial targets of £100m in run-rate revenues and adjusted EBITDA of £15m by the end of 2023,' the company said.
At 9:52am: (LON:FRAN) Franchise Brands Plc share price was 0p at 102.5p
Story provided by StockMarketWire.com
|
|
|
|
|
|
