Less Ads, More Data, More Tools Register for FREE

Pin to quick picksFLTA.L Regulatory News (FLTA)

  • There is currently no data for FLTA

Trading Update

5 Jun 2018 07:00

RNS Number : 2621Q
Filta Group Holdings PLC
05 June 2018
 

5 June 2018

 

Filta Group Holdings plc

 

("Filta" or the "Company")

 

Trading Update

 

Filta Group Holdings plc (AIM: FLTA), the provider of fryer management and other services to commercial kitchens, will make the following statement regarding current trading at its Annual General Meeting to be held at 10.00am today:

 

"The Company has made strong progress in the year to date, with 6 new franchises, including one in both of our newest operating locations Canada and Germany, and a total of 17 MFU sales. Our existing franchises and Company-owned operations are performing in line with management expectations, and we are seeing an increasing contribution from FiltaGMG as our organisational improvements take effect.

 

"Despite the adverse impact of a weak US dollar on our revenues through the early part of the year, EBITDA for the year to date is approximately 11% ahead of the same period last year, equating to growth of approximately 23% at a constant exchange rate.

 

"We currently have a good pipeline of enquiries from high-quality aspiring franchisees in both North America and Europe, and the Board therefore has confidence in the prospects for the current year as well as the outlook for subsequent periods."

 

For further information:

 

Filta Group Holdings plc

+1 407 996 5550

Jason Sayers, Chief Executive

Brian Hogan, Finance Director

Cenkos Securities (NOMAD and broker)

+44 (0)20 7397 8927

Stephen Keys

Harry Hargreaves

 

About Filta Group Holdings plc:

 

Filta Group Holdings plc (AIM: FLTA) is a provider of services to commercial kitchens, primarily operating in the UK, North America and mainland Europe.

 

The cornerstone of the Company's offering is FiltaFry, the complete fryer management service incorporating on-site micro-filtration as well as the removal and replacement of cooking oil.

 

The Company also replaces damaged or perished refrigerator and freezer door seals through its FiltaSeal brand; and prevents the build-up of fats, oil and grease through its FiltaGMG brand.

 

The Group has over 180 Franchise Owners, and teams of corporate vans, providing services to over 6,000 commercial kitchens and restaurants every week.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
TSTLLFSDRSISIIT
Date   Source Headline
9th Sep 20197:00 amRNSInterim Results
23rd Aug 20193:00 pmRNSNotice of Results
28th Jun 20197:00 amRNSDirector/PDMR Shareholding
27th Jun 20191:41 pmRNSIssue of Equity
25th Jun 20194:17 pmRNSIssue of Equity
12th Jun 20191:23 pmRNSResult of AGM
12th Jun 20197:00 amRNSAGM Statement
28th May 20194:50 pmRNSIssue of Equity
16th May 20195:27 pmRNSDirector/PDMR Shareholding
8th May 20196:05 pmRNSPosting of Annual Report and Notice of AGM
29th Apr 20194:49 pmRNSHolding(s) in Company
15th Apr 201912:30 pmEQSHardman & Co Research: Filta Group (FLTA): Strong and transformative year in 2018
15th Apr 20197:00 amRNSFinal Results
3rd Apr 201911:11 amEQSHardman & Co Research: Filta Group (FLTA) Initiation: Cleaning up in commercial catering
25th Mar 20195:11 pmRNSHolding(s) in Company
21st Mar 20198:30 amRNSCompletion of Acquisition & Total Voting Rights
18th Feb 20197:00 amRNSAppointment of Non-Executive Director
15th Feb 20194:30 pmRNSReplacement - Pre-Close Trading Update
14th Feb 20197:00 amRNSPre-Close Trading Update
1st Feb 20197:00 amRNSIssue of Equity & Director/PDMR Shareholding
25th Jan 20193:40 pmRNSAwards of share options & appreciation rights
21st Dec 20185:15 pmRNSHolding(s) in Company
21st Dec 20185:00 pmRNSHolding(s) in Company
20th Dec 20182:02 pmRNSHolding(s) in Company
19th Dec 20181:00 pmRNSAcquisition of Watbio Holdings Limited
13th Dec 201811:19 amRNSHolding(s) in Company
13th Dec 201811:18 amRNSHolding(s) in Company
6th Sep 201812:00 pmRNSHolding(s) in Company
4th Sep 20187:00 amRNSInterim Results
10th Aug 20187:00 amRNSPre-Close Trading Update
5th Jun 201812:11 pmRNSResult of AGM
5th Jun 20187:00 amRNSTrading Update
11th May 20187:00 amRNSPosting of AR&A, AGM notice & Dividend Declaration
17th Apr 20187:00 amRNSFinal Results
7th Feb 20187:00 amRNSPre-Close Trading Update
31st Jan 20187:00 amRNSPurchase of FiltaFry Deutschland GmbH
4th Jan 20181:16 pmRNSSale of Refrigeration and HVAC business
23rd Nov 20177:00 amRNSExercise of Options
7th Sep 20177:00 amRNSInterim Results
22nd Aug 20177:00 amRNSAcquisition of Grease Management Ltd
7th Aug 20177:00 amRNSTrading update
1st Jun 201711:21 amRNSResult of AGM
1st Jun 20177:00 amRNSTrading Update
8th May 201711:40 amRNSAwards of options and share appreciation rights
8th May 201711:36 amRNSPosting of Accounts,AGM notice and Maiden Dividend
3rd Apr 20177:00 amRNSPreliminary Results
10th Mar 20177:00 amRNSNotice of Results
19th Jan 20177:00 amRNSReduction of Capital
4th Jan 20175:25 pmRNSDirector/PDMR Shareholding
4th Nov 20167:00 amRNSAdmission and First Day of Dealings

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.