Property Franchise ups dividend as interim profit up; says 'resilient'
Property Franchise Group PLC on Wednesday said it was resilient against market cyclicality as it posted a profit surge.
The Bournemouth, England-based property franchisor and financial services provider said pretax profit jumped to £12.2 million in the first half of 2025 from £4.8 million a year ago.
Adjusted pretax profit climbed 59% to £14.5 million from £9.1 million.
Revenue grew 50% to £40.3 million from £26.9 million. The company said the Financial Services division delivered 12,800 mortgages, up 6.7% from 12,000.
Property Franchise upped its interim dividend by 17% to 7.0 pence each from 6.0p a year ago.
Property Franchise Chief Executive Officer Gareth Samples said: ‘The strength of TPFG’s franchise model and diversified revenue base continues to provide resilience against market cyclicality. With ongoing progress across divisions, the group expects to deliver further growth through the remainder of FY25 and expects to deliver full year trading in line with market expectations.’
Property Franchise shares rose 1.4% to 570.00 pence each on Wednesday morning in London.
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