Metro Rod Ltd : Metro Rod | Franchise Brands announce record profits and an ambitious acquisition strategy

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.