Franchise Brands Plc · LSE:FRAN
Franchise Brands — FY2025 Earnings Presentation
26 slides from Franchise Brands's earnings presentation, 2026
Slide 1: Together, we grow – 2025 Annual Results Presentation
Together, we grow 2025 Annual Results Presentation
Slide 2: Presenters
Franchise Brands plc 1 2025 Annual Results Presentation Presenters Stephen Hemsley Peter Molloy Andrew Mallows Executive Chairman CEO CFO Stephen co-founded Franchise Brands with Peter was appointed CEO in 2024. Between Andrew originally joined Franchise Brands in Nigel Wray in 2008 and has led the
Slide 3: A strong platform for driving value-creation
Franchise Brands plc 2 2025 Annual Results Presentation A strong platform for driving value-creation A leading international Attractive financial profile Creating value multi-franchise business of our franchise model for shareholders Portfolio of 7 high-quality franchise Value creation powered by fr
Slide 4: 2025: a resilient, cash generative, profitable performance
Franchise Brands plc 3 2025 Annual Results Presentation 2025: a resilient, cash generative, £435.0m 2.50p profitable performance System sales1 Dividend per share +2% 2024: £425.6m 4% 2024: 2.40p System sales growth driven by underlying demand for non-discretionary services, One FB strategy and inter
Slide 5: A continued track record of delivery
Franchise Brands plc 4 2025 Annual Results Presentation A continued System sales (£m) Adjusted EBITDA1 (£m) track record 47% 43% of delivery CAGR 2021-2025 £350m £426m £435m CAGR 2021-2025 £30.1m £35.1m £35.2m £186m £15.3m £94m £8.5m 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025 Adjusted earning
Slide 6: The Group at a glance: 2025
Franchise Brands plc 5 2025 Annual Results Presentation The Group at a glance: 2025 System sales North America Adjusted EBITDA North America by geography by geography 20% 24% 50% 52% 28% 26% UK Europe UK Europe Pirtek Water & Waste Services Filta International B2C Leading European provider of Draina
Slide 7: Capital allocation
Franchise Brands plc 6 2025 Annual Results Presentation Capital Strategic fit of non-core or sub-scale businesses allocation Board actively reviewing the strategic fit of businesses that do not support the considerable medium-term potential of key B2B franchise networks. Capital allocation decisions
Slide 8: Multiple growth levers to unlock our significant potential
Franchise Brands plc 7 2025 Annual Results Presentation Multiple growth levers to unlock our significant potential Business Year acquired Pre-acquisition 2025 System sales Maximum % of System sales System sales CAGR potential Maximum £m £m since acquisition System sales Potential % £m Realised 2017
Slide 9: Our business model: how we make money
Franchise Brands plc 8 2025 Annual Results Presentation Our business model: how we make money Reconciliation of System sales System Statutory Gross Gross profit Admin Adjusted % Adjusted to Adjusted EBITDA in 2025 sales Revenue profit as % expenses EBITDA EBITDA before £m £m £m System sales £m £m Gr
Slide 10: System sales: A strong contribution from Filta International
Franchise Brands plc 9 2025 Annual Results Presentation System sales: A strong contribution from Filta International System sales growth of 2% Sector diversification and increase in planned and higher value work +2% Strong growth at Filta International: • Including UCO*: 13% in $, 9% in £ £9.7m • Ex
Slide 11: Adjusted EBITDA
Franchise Brands plc 10 2025 Annual Results Presentation Adjusted EBITDA Strong contribution from Filta International: 21% in $, 17% in £ 0% Pirtek: Adj EBITDA down 4%: • Modest declines in UK and Benelux • Creditable performance in £1.0m Germany & Austria given macro (£0.3m) £35.2m £35.1m £0.7m (£0
Slide 12: Pirtek
Franchise Brands plc 11 2025 Annual Results Presentation Pirtek Targeting growth sectors Expanding the range of UK: services Key performance highlights Rail (+10%), mining & quarrying (+16%), public sector (+12%). Total Hose Management construction & plant hire (-3%), manufacturing (-9%), civil (THM
Slide 13: Water & Waste Services
Franchise Brands plc 12 2025 Annual Results Presentation Water & Waste Services Expanding the range of services Growth sector targets Metro Rod: Housing associations Key performance highlights • Tankers & pumps (24% of System sales) Food manufacturing • Growth in lining and excavation Transportation
Slide 14: Filta International
Franchise Brands plc 13 2025 Annual Results Presentation Filta International Key performance highlights Expanding the range of services Sector diversification Royalty-based FiltaGold and FiltaClean Healthcare, stadiums, education Strong System sales growth: account for 23% of System sales establishm
Slide 15: Good progress developing Group-wide IT platform
Franchise Brands plc 14 2025 Annual Results Presentation Good progress developing Group-wide IT platform 2025 Progress 2026 Targets One Finance One Finance NetSuite now live across our core businesses. Leverage process improvements and drive efficiencies. One CRM One CRM HubSpot now live across our
Slide 16: Summary of group results
Franchise Brands plc 15 2025 Annual Results Presentation Summary of group results 2025 2024 Change £’000 £’000 % Finance expense: System sales 434,985 425,574* 2% • Decreased 25% due to debt Statutory revenue 142,152 139,206 2% repayments, reductions in base rate and reduced Cost of sales (57,394) (
Slide 17: Strong cash generation (£m)
Franchise Brands plc 16 2025 Annual Results Presentation Strong cash generation (£m) 35.2 -0.8 -5.6 1.1 -2.1 -1.0 -15.8 -4.3 12.9 -4.4 -1.5 -4.7 7.7 -1.3 Cash at Adjusted Working Taxes Purchase/ Purchases Proceeds Net bank Interest Lease Funds Dividends Other net Cash at 31 31 Dec EBITDA capital pai
Slide 18: Good progress made on deleveraging
Franchise Brands plc 17 2025 Annual Results Presentation Good progress made on deleveraging 31 Dec 2025 31 Dec 2024 Change Change £'000 £'000 £'000 % Cash (net of overdraft) 7,751 12,921 (5,170) (40%) Term loan (32,500) (40,000) 7,500 (19%) £55.6m Adjusted net debt1 RCF (29,465) (37,431) 7,966 (21%)
Slide 19: Good momentum on strategic priorities
Franchise Brands plc 18 2025 Annual Results Presentation Good momentum on strategic priorities FY 2025 progress FY 2026 key priorities Expanding our • THM, rams & cylinder repairs • THM, oil spill products and environmental services air range of services • Tankers, pumps, lining, excavation, Special
Slide 20: Trading update and outlook
Franchise Brands plc 19 2025 Annual Results Presentation Trading update and outlook Our business continues to demonstrate strong underlying resilience Early 2026 trading has continued to be varied: • Strong performance at Filta International • In Europe, volumes continued to be subdued One FB initia
Slide 21: Investment case
Franchise Brands plc 20 2025 Annual Results Presentation Investment case Marketing-leading Resilient essential Significant growth franchise brands services opportunities Portfolio of seven high quality, Resilient underlying demand for our Small, but growing shares of large franchise brands, leaders
Slide 22: Appendix
Franchise Brands plc 21 2025 Annual Results Presentation Appendix
Slide 23: Pirtek's range of services
Franchise Brands plc 22 2025 Annual Results Presentation Pirtek’s range of services Services Reactive Planned Project & Others • Emergency on-site hydraulic repair • Preventive Maintenance • Ram and cylinder repairs and replacement • Reducing total cost of operation • Hose flushing, testing, fluid a
Slide 24: Water & Waste Services: at a glance
Franchise Brands plc 23 2025 Annual Results Presentation Water & Waste Services: at a glance • Drain Clearance • Emergency Plumbing • FOG Management, including • Pump Station Supply & Install installations, Servicing & Repair • Drain Repair • Gas Boiler Services • Pump Rehabilitation, Repair • Fry M
Slide 25: Filta International: at a glance
Franchise Brands plc 24 2025 Annual Results Presentation Filta International: at a glance Oil services Cleaning services • Oil removed from fryer into • Oil removed from fryer. • New bulk virgin oil supply • Steam based, eco friendly mobile filtration unit (“MFU”). service. & safe, deep clean servic
Slide 26: Disclaimer
Disclaimer Franchise Brands plc The information contained in this document (“Presentation”) and the presentation made to These forward-looking statements are not guarantees of future performance of the you verbally has been prepared by Franchise Brands plc (the “Company”). Franchise Brands Company a