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.
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