Hardman & Co Research Hardman Talks Video | Filta Group interview with Keith Hiscock 07-Oct-2021 / 16:39 GMT/BST Hardman Talks Video | Filta Group interview with Keith Hiscock On 17 September 2021, Jason Sayers, Filta's CEO, touched base with Keith Hiscock, Hardman & Co's CEO, on Filta's interim results. Jason contemplated how the roadmap for the return to normal trading after the pandemic looked by territory and business line. Watch it here: https://www.youtube.com/watch?v=QOSZC3eNC2A The...
Hardman & Co Research Hardman & Co Research: Filta Group (FLTA) - Strong recovery continues 24-Sep-2021 / 12:35 GMT/BST Hardman & Co Research: Strong recovery continues Filta Group (Filta) announced 1H'21 results in line with expectations. Our forecasts are largely unchanged. What is even more clear is that the business has performed robustly during COVID-19, adding new clients and becoming an important part of its clients' processes. Revenues were back to 80% of 1H'19, with the US leading the...
Hardman & Co Research Hardman & Co Investor Forum research: Filta Group (FLTA): Robust and necessary 18-May-2021 / 13:30 GMT/BST May 2021 Hardman & Co Investor Forum company research: Filta Group (FLTA) On 12 May we were delighted to host our fourth virtual Investor Forum, which included a presentation from the management of Filta Group. The live questions on the company ranged from the financial health of Filta's client portfolio through COVID, to the expansion and geographical density of their...
Hardman & Co Research Hardman & Co Research : Hardman & Co Video Event | Filta Group Plc - Investor Forum 27-Apr-2021 / 12:50 GMT/BST Hardman & Co Video Event | Filta Group Plc Investor Forum We are delighted to announce that Filta Group Plc will be presenting at our next Investor Forum on Wednesday 12 May at 3:00pm. The Investor Forum connects investors with companies looking for capital. Each company will present for 10-15 minutes, followed by an opportunity for Q&A. The Forum is being hosted...
Hardman & Co Research Hardman & Co Research: Filta Group (FLTA): Getting back into shape 20-Apr-2021 / 14:55 GMT/BST Hardman & Co Research: Robust and necessary Filta Group (Filta) announced FY'20 results in line with expectations. We are not changing the forecasts we published last month. What is clear is that the business has performed robustly during COVID-19, adding new clients and becoming an important part of its clients' processes. With business levels back to 70% of pre-COVID-19 levels...
Hardman & Co Research Hardman & Co Research: Filta Group (FLTA): Upbeat outlook 25-March-2021 / 09:05 GMT/BST Hardman & Co Research: Upbeat outlook Filta Group (Filta) announced that it had remained EBITDA-positive in 2020, despite most of its customers closing for part of the period and revenue falling by a third. Net debt fell to £0.5m. The US reopening is accelerating, while the UK is due to follow in April. Filta has used the period to reduce costs and improve its business model. We expect...
Hardman & Co Research Hardman & Co Research: Filta Group (FLTA) FOG is lifting 16-Sep-2020 / 10:00 GMT/BST Hardman & Co Research: FOG is lifting Filta Group (Filta) announced that it remained EBITDA-positive in 1H'20, despite most of its customers closing for part of the period. Business is returning as customers reopen, with sports stadia expected to be the last to resume catering. Filta has used the period to reduce costs and improve its business model. We expect it to emerge as an even better...
Hardman & Co Research Hardman & Co: Filta Group (FLTA): FY'19 results and COVID-19 update 28-May-2020 / 11:35 GMT/BST Hardman & Co Res earch : FY'19 results and COVID-19 update Filta Group ( Filta ) announced FY'19 results pretty much in line with our numbers. Adjusted EBITDA was £3.2m, vs. our £3.3m estimate, and revenue was £24.9m, vs. our £25.1m expectation. These figures confirmed that the integration of Watbio was back on track and the business was trading well until COVID-19 struck....
Hardman & Co Research Hardman & Co Research: Filta Group (FLTA): FY19 trading update 05-Nov-2019 / 10:05 GMT/BST Hardman & Co Res earch : FY19 trading update Filta Group ( Filta ) provides cleaning services to commercial kitchens in North America, the UK and, mainland Europe. The company reported that EBITDA for 2H19 would be similar to 1H19 and thus below our expectations. The cost-saving benefits of the Watbio acquisition are still taking longer than expected. Revenue continues to be on track...
Hardman & Co Research Hardman & Co Research: Filta Group (FLTA) FY19 interim results 09-Sep-2019 / 09:40 GMT/BST Hardman & Co Res earch : FY19 interim results Filta Group ( Filta ) provides cleaning services to commercial kitchens in North America, the UK and, more recently, mainland Europe. The company reported EBITDA for 1H19 marginally below our expectations - it has taken a little longer to get the benefit of cost savings following the Watbio acquisition. Our EBITDA expectations for 2020 are...
Hardman & Co Research Hardman & Co Research: Filta Group (FLTA): Strong and transformative year in 2018 15-Apr-2019 / 12:30 GMT/BST Hardman & Co Research: Strong and transformative year in 2018 Filta Group (Filta) provides cleaning services to commercial kitchens in North America, the UK and, more recently, mainland Europe. The company reported a strong set of figures for FY18, in line with our expectations. In addition to buying in the European master franchise, it has made a major step in...
Hardman & Co Research Hardman & Co Research: Filta Group (FLTA) Initiation: Cleaning up in commercial catering 03-Apr-2019 / 11:11 GMT/BST Hardman & Co Research: Cleaning up in commercial catering Filta Group (Filta) provides cleaning services to commercial kitchens in North America, the UK and, more recently, mainland Europe. For cleaning and filtering frying machines, this is largely carried out through franchise networks. In the UK, Filta has some company-owned operations too, and it has...