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Property Franchise Group ups dividend as profit rises 20% | 27 April 2021


27 April 2021 | 09:08am
StockMarketWire.com - Property franchiser The Property Franchise Group hiked its dividend after its annual profit rose 20%, as revenue edged higher and it improved its operating margin.
The company also announced a long-term agreement with LSL Property Services, which would offer mortgage and protection advice services to all franchisees.
Pre-tax profit for the year through December increased to £4.8 million, up from £4.0 million year-on-year.
Network income rose to £94 million, up from £93 million, while revenue rose to £11.5 million, up from £11.4 million.
Operating margin increased to 42%, up from 35% in 2019.
The Property Franchise Group declared dividends for 2020 of 8.7p per share, up from 2.6p year-on-year. ....

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Investegate | Company News | Corporate, London Stock Exchange, Regulatory News Headlines The Property Franchise Group signs five-year deal with LSL


A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
1. Obtains access to the information in a personal capacity;
2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so; ....

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Investegate | Company News | Corporate, London Stock Exchange, Regulatory News Headlines Property Franchise Group ups dividend as profit rises 20%


A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
1. Obtains access to the information in a personal capacity;
2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so; ....

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Investegate |M.D. Barnard & Co. Ltd. Announcements | M.D. Barnard & Co. Ltd.: Form 8.3 - Property Franchise Group PLC (The)


A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
1. Obtains access to the information in a personal capacity;
2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so; ....

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