The Property Franchise Group has more than doubled revenue and profits.
In its half-year results, the UK’s largest property franchisor said that revenue increased 117% to £11.1m from £5.1m for H1 2020. Pre-tax profits rose by 108% to £5.2m. That increase was also a 117% improvement on H1 of 2019.
Earnings per share also doubled, to 14.9p.
Chief executive Gareth Samples said: “We firmly believe that we have put in place the building blocks for earnings enhancing growth and, looking shorter term, that the high activity levels at the start of H2 will deliver record profitability for our group in 2021.”
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