FRANCHISE BRANDS PLC (FRAN) — Interim Results

Investor webinar replay

Replay transcript excerpt

Good morning, and welcome to the FRANCHISE BRANDS PLC investor presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged and could be submitted at any time via the Q and A tab situated on the right hand corner of your screen. Simply type in your questions and press send. The company may not be in a position to answer every question it receives during the meeting itself. However, the company can review all questions submitted today and publish responses where it's appropriate to do so. Before we begin, I'd like to submit the following poll. And now I'd like to hand you over to Steven Hemsley, executive chairman. Good morning, sir. Good morning. Thank you very much, everybody, for joining us. I, just click through the slides. Like to introduce my colleagues here, Peter Malloy, CEO Andrew Malloy, who's our CFO Mark Boxall, our chief operations officer and Beth Pierce, our group finance director. So looking at the first half of twenty twenty five, it was a a a resilient performance despite geopolitical uncertainty and and some challenging macroeconomic conditions in the markets we operate. We have seven businesses in 10 countries. So the the the economic conditions are many and varied. I mean, for example, in The US, the the boom booming economy over there has contributed to a pretty stellar performance of Filter International. But by contrast, in in in Germany, the economy has been struggling over there and and indeed, periods of of recession as we await for the benefits of the, 500,000,000,000 infrastructure spend to come through. That has resulted in in, adjusted EBITDA for the first half of the year being broadly flat on last year where the where the modest growth in sales has been absorbed by some additional...