Filta Group looks to clean up as kitchens return to business

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(), the fryer management and commercial kitchen services specialist, plans to resume dividend payments if current trading trends continue this financial year.

In its results statement for the first half of the year, the group revealed that the underlying market fundamentals continued to improve in its primary markets of North America, the UK and mainland Europe.

In the UK, where the majority of Filta’s revenues are derived from the provision of services directly to its customer base through company-owned activities, the pick-up has been slower than in the US, reflecting a more cautious easing of lockdown restrictions, but is now gaining momentum with monthly revenues in June some 60% higher than in January.

In mainland Europe, where the relaxing of social distancing restrictions have persisted longer than the UK, revenues remain suppressed, but there is an encouraging level of interest from potential new franchisees, Filta said.

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