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Franchise Brands notes challenges in most key markets, but confident

ALN

Franchise Brands PLC on Wednesday said it is confident in emerging well-positioned from a current challenging market backdrop, as it eyes adjusted earnings for 2025 to be in line with market expectations.

The Macclesfield, England-based owner of franchise brands including Pirtek in Europe, Filta, Metro Rod and Metro Plumb said trading in the third quarter continued the trend of the first half of 2025, with ‘resilient’ underlying demand for its essential reactive and planned services.

However, the company noted a continued challenging macroeconomic and geopolitical backdrop in ‘most’ key markets.

Franchise Brands anticipates that its adjusted earnings before interest, tax, depreciation and amortisation for 2025 will be in line with market expectations, citing a range between £33.8 million and £35.3 million, with the upper end similar to £35.1 million in 2024.

Executive Chair Stephen Hemsley said the company is ‘making strong progress with our One Franchise Brands IT initiatives to accelerate integration and drive efficiencies, which will provide a significant competitive advantage with the benefits starting to be realised during 2026. We are, therefore, confident we will emerge from the current challenging market backdrop well-positioned, with a strengthened platform from which to capitalise on the many opportunities in our large and fragmented markets.’

Franchise Brands shares fell 2.0% to 124.53 pence each on Wednesday morning in London.

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