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Franchise Brands drove bottom line by learning lessons of the lockdown
Franchise Brands PLC s (LON:FRAN) Stephen Hemsley talks to Proactive London s Katie Pilbeam after making a strong start to the year as underlying earnings (EBITDA) increased 24% to £2mln in the first three months of 2021.
Hemsley explains how they also benefited from efficiency savings due to new ways of working that were established during the pandemic, which have been facilitated by the ongoing digital transformation of our business.
Quick facts: Franchise Brands PLC
Price: 139.5 GBX
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A glance at some of the day s highlights from the Proactive Investors newswire
Franchise Brands PLC (LON:FRAN) made a strong start to the year, it said, with underlying earnings (EBITDA) growing 24% to £2mln in the first three months of 2021 as turnover returned to pre-Covid levels towards the end of the period.
88 Energy Ltd’s (LON:88E) quarterly activities update said the Merlin well is able to be re-entered to drill a side-track that could be flow-tested. It comes after the well provided some evidence of oil but due to equipment failure and poor hole conditions, could not be fully tested.