focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
I messaged Franchise Brands again on Monday and got a response from Mark Fryer (CFO) and he stated
"I apologise for the delay. We will provide a notice of the date of the results, which are expected to be announced in June, in due course. The results are later this year as, following the acquisition of Pirtek last year we are a significantly larger business (known as an Other Public Interest Entity), requiring a Tier 1 audit which takes longer to complete, particularly in the first year of classification."
Cheers Telf, I emailed Fran direct but never had a response so emailed their PR company and got the same response. I think that is very poor that I didn’t even get a response direct from the company and still no updates as to when the final results will be released.
Are back.....or maybe not!
While the Board is confident in the actions taken in Motor, it recognises that the period over which to judge the sustainability of Motor's capital generation has been short and consequently this dividend should not be regarded as a resumption of regular dividends. The Board will update on any changes to its dividend policy, alongside the conditions it has previously set to consider restarting regular dividends, in July to coincide with its planned strategy update.