Latest Willow Pumps News
Jul 22, 2021
After a strong recovery across the entire business, Stephen Hemsley, executive chairman of Franchise Brands (LON:FRAN) tells Proactive London "We are confident that the full year performance will be ahead of current consensus market expectations." The company is an international multi-brand franchisor and Hemsley put the strong performance of commercial drainage specialist Metro Rod down to the 21% increase in system sales and tight cost control, and he expects an acceleration in H2 sales for pump supply, installation and servicing business Willow Pumps as the hospitality sector in particular fully reopens. He's now focused on more acquisitions but says unusually the pool of potential targets is slim, but he's determined to find enterprises that are a perfect fit for the portfolio.