DOCSLIB.ORG

Fastsigns Takes Off

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Fastsigns Takes Off SHOW PREVIEWS * Mexico City FIF 2017 Global 9 - 11 March * Paris Franchise Expo Paris 2017 19 - 22 March Franchise * Sydney www.globalfranchisemagazine.com Sydney Franchising Expo 25 - 26 March MASTER, REGIONAL AND INTERNATIONAL FRANCHISING FIND YOUR SIGNS FOR THE TIMES: PERFECT MASTER FRANCHISEE FASTSIGNS TAKES OFF PREPARING TO GO GLOBAL? ALL YOU NEED TO KNOW PAGE GLOBAL PAGE SUCESSFUL PAGE FRANCHISE 12 MEETS… 42 RESALES 56 DOWN UNDER Bill Edwards of EGS Making pre-owned Australian Rules Franchising franchises work ® #1 Sign & Graphics Franchise Seeking International Opportunities Master & Area Developers • Over 620 locations • Business-to-business hours worldwide in 9 countries • Low staffing requirements • Professional business • Attractive margins clientele FASTSIGNS of San Antonio, NW For more information, contact Mark Jameson at [email protected] or 214-346-5679 www.fastsigns.com Welcome As we get into the swing of 2017, I can see much to look forward to in this coming year. [ CONTENTS ] Not least will be discovering what impact the new administration in Washington is likely to have on the franchising industry and the legislation governing it. More FRANCHISE ADVICE AND concrete is the full diary of franchise shows that now seem OPPORTUNITIES INSIGHT to be springing up in every corner of the world, a selection 10 CeX 7 7 POINTS TO A PERFECT of which events we’ll be attending, kicking off with a visit Buy-and-sell lights up the high street MASTER FRANCHISEE to The Franchising Show at London’s Excel in February. Mike Bidwell advises on partner Shows like these are an integral part of business growth 20 CAVAVIN selection for franchisor and franchisee alike and to help you get the Opportunities in French wine most from them, we are increasing the number of events we 12 GLOBAL FRANCHISE MEETS 22 FASTSIGNS BILL EDWARDS preview in the magazine and online, and offering a wider The fast-growing sign franchise How Bill Edwards built up Edwards range of helpful information to those attending them. You’ll Global Services find previews of franchise shows in Mexico City, Paris and 24 800PIZZA Sydney in this issue. The pizza chain that’s succeeded 18 5 MINUTES WITH From Global Franchise itself, you can expect in Dubai BRAD FISHMAN authoritative advice from experienced people on every What drives the Fishman PR guru aspect of international franchising, from promoting 36 JAN-PRO AND MAID RIGHT Two Premium Brands expanding now 28 THE BFA GUIDE TO BRITISH your brand abroad to connecting with the right master FRANCHISING franchisee. People and companies planning to master 40 RESTORATION1 Pip Wilkins on franchising in the UK franchise will find plenty of top-quality opportunities A national leader in restoration among the brand profiles featured in each issue. These franchises 42 SUCCESS THROUGH RESALES profiles offer detailed overviews of the brand along with the Buying pre-owned franchises investment numbers master franchisees 52 COYOTE UGLY Rolling out thru Europe and 45 PREPARING TO GO GLOBAL need. Brand profiles are an effective shop beyond now Gordon Drakes offers sound advice window for franchisors looking for the perfect master franchisee. 58 HOOTERS 50 ARE YOU READY FOR GDPR? Ross Gilfillan Fun neighbourhood restaurant EU data regulations considered Editor, Global Franchise 66 TAX ASSIST 56 BORDERLINE SUCCESSFUL [email protected] Growing accountancy franchise Lesley Hawks avoids misunderstandings 74 PAPA JOHNS The international pizza franchise 62 THE GLOCAL MESSAGE Global meet local by Nathen Mazri www.globalfranchisemagazine.com 64 FRANCHISING IN AUSTRALIA ADVERTISEMENT ART DIRECTORS MADE EASY SALES DIRECTOR Lee Whiteford 52 Damian Paull’s guide to doing Mark Forsyth Matt Sumner business down under 44 (0)1323 471291 DESIGNERS 82 VIEWPOINT [email protected] Adam Barford Experts’ opinions GROUP Lloyd Oxley ADVERTISEMENT MANAGER CREDIT CONTROL Richard Davies Sue Carr 44 (0)1323 471291 24 44 (0)1206 505903 [email protected] PUBLISHER ACCOUNT EXECUTIVE Matthew Tudor Callum Forsyth [email protected] GROUP EDITOR Charlotte Smith Follow us on twitter: [email protected] @globalfranmag Published by Aceville Publications Ltd The Boatshed, Sovereign Harbour, Eastbourne, East Sussex, BN23 6JH. Printed in England © Aceville Publications Ltd 004 GLOBAL GLOBAL FRANCHISE FRANCHISE 36 45 SHOWS 14 SYDNEY FRANCHISING EXPO Previews this premier Australian event 32 INTERNATIONAL FRANCHISE SYMPOSIUM Comes to London in March 54 FIF 2017 The big Mexico City Expo previewed 76 FRANCHISE EXPO PARIS 2017 All you need to visit the French show 72 76 64 GLOBAL FRANCHISE 5 800Pizza_Layout 1 03/09/2015 12:05 Page 1 800 Pizza is considered the most successful authentic Italian Investor Profile pizzeria chain in the UAE nowadays and the very first to bring THE IDEAL FRANCHISEE Although there may be a number of the art of traditional Italian cuisine to Dubai in 2007. viable franchisee profiles, 800PIZZA Management believes Our Story with 800PIZZA now being considered by many to be that it should operate with franchisees that meet the the finest Italian Restaurant in town, you wouldn’t really following criteria: believe how small it was when it all started. Mr. Alessandro • Entrepreneurs or Corporates D’Ubaldo, the mind and soul behind 800PIZZA, had been living • Have substantial F&B industry experience. in Dubai since 1999, and in 2006, he started working on a • Have relevant resources in terms of IT, Financial, HR and PIZZERIA project due to his passion for traditional and Government liaison. authentic Italian food. • Has suitable locations shortlisted and available in the countries they operate in. March 8, 2007, the very first branch was opened in Dubai, UAE • Hard-working with a desire to succeed. despite having the most dynamic name in the long and colorful • Good people skills, including business, management and history of pizza making, 800PIZZA was a gem of an customer service skills. establishment. Little more than a hole in the wall, it contained • High personal standards: excellence, honesty and integrity. the Italian owner’s pride and joy, a genuine handcrafted wood • Ability to work within a system. burning oven flown in all the way from the “The Boot” of • Stability and maturity. Southern Europe. In 2010, 800PIZZA joined hands with Belhasa • Exposed to business and businesses operation. Hospitality which resulted in a strong growth of its business. By October 2012, the joy and satisfaction that 800PIZZA brought to International Licence Fee: Upon Application all its customers were not just contained within the 40sqm branch in Al Barsha, Dubai, but had spread all over the city with Planned/Available: additional 6 branches in Dubai, UAE. Not only that, 5 franchise • Globally restaurants are already sold in Abu Dhabi, UAE, 5 in Doha, Qatar and another 3 in Ajman and Sharjah, UAE. 800PIZZA’s ardent passion and wish to share a taste of real Italian cuisine with people in this part of the globe is indeed a huge SUCCESS. With new branches opening, 800PIZZA has proven its excellence in the food industry and has surely built a brand recognized by many as the leading name in Traditional and Authentic Italian Food. for franchise enquiry: [email protected] www.800pizza.com ADVICE 7 POINTS TO A PERFECT MASTER FRANCHISEE Whether expanding your brand at home or abroad, finding a perfectly-matched master franchisee is key, says Mike Bidwell, CEO of The Dwyer Group he speed of growth for a What about local cultures and customs That involves money not only for the franchisor and the reach – how will they impact the business master license to be awarded, but also of its network to points abroad? The right master franchisee for the infrastructure of a corporate IT ALWAYS AMAZES across the globe can often can finesse this kind of introduction, office, staff, marketing, legal services Tbe accelerated when the franchise development and growth for a brand. and everything it takes to get that ME THAT EVERYONE WANTS TO BE THEIR opportunity is awarded to master In theory, they might even do it better franchise opportunity out into the OWN BOSS BUT SO franchisees. Those agreements than if you tried to do it yourself, for market effectively. But it all starts with FEW ACTUALLY KNOW can grow that brand exponentially a variety of reasons. Here are seven launching and successfully operating HOW TO DO IT” in foreign countries. All it takes is qualities to look for in that perfect a pilot in the market to validate the picking the perfect master. As easy master franchisee who is up to the task: model. Adjustments to accommodate as it sounds, however, selecting the local nuances are likely. right master franchisee can be a 1. LIQUID ASSETS monumental task. After a franchisor It takes money. For the monetary 2. SUITABLE EXPERIENCE has worked hard to prove a concept, demands on a master franchisee, A great master franchisee often comes award franchisees domestically, train think back on the financial journey it to the table with a resumé that says, and support the system, build access took to get your franchise going as a “I know how to build large businesses to a vendor network and regularly blueprint. Then consider the liquid with many moving parts.” Maybe the look at ways to raise the bar, it takes assets the most basic requirement master franchisee has successfully a lot of trust to expect a master for getting started correctly. One established other franchise brands franchisee to do the very same thing cannot successfully build a franchise that are not in direct competition with in another country. network on hopes and aspirations. yours across the same geography. Or, It’s a delicate proposition that comes Before franchise prospects can maybe they operate businesses that with a lot of questions. If it worked at invest in a franchise opportunity, are not franchised operations, but home, will it work there? Is it simply a the master franchisee must invest still include management oversight, process of following the system? in making it available to the market.
Load more

Recommended publications
  • Retail Food Group Ltd (ASX: RFG) Company Description
    Retail Food Group Ltd (ASX: RFG) Company Description: RFG is Australia’s largest owner, developer and manager of retail food franchise systems with a network of c.2,450 outlets spanning 58 licensed global territories across 12 Brand Systems. The Company is also a significant roaster and supplier of high quality coffee and affiliated products, with four coffee roasting facilities supplying Australian and international markets. Latest Annual Report Recent Developments: RFG continues to deliver positive outcomes whilst reinvesting in long term acquisitive and organic growth, reporting record underlying profit for FY15. During the past twelve months RFG successfully acquired the Café2U, Gloria Jean’s Coffees and Di Bella Coffee businesses enhancing the Company’s vertical integration through coffee roasting and distribution as well as domestic and international expansion opportunities. Intellectual Property/Products/Product Development Programs: RFG is the owner, developer and manager of the Donut King, Brumby’s Bakery, Michel’s Patisserie, bb’s Café, Esquires, Gloria Jean’s Coffees, It’s A Grind, The Coffee Guy, Café2U, Pizza Capers Gourmet Kitchen and Crust Gourmet Pizza Bar franchise systems. In addition, the Company supplies existing Brand Systems and third party accounts under the Evolution Coffee Roasters Group, Roasting Australia and Di Bella Coffee, coffee manufacturing brands. Presentation by: Peter McGettigan Chief Financial Officer Peter joined RFG in early 2009 as Divisional Financial Controller and has since been promoted to a number of roles culminating in his appointment as Chief Financial Officer in February 2012. Prior to joining the Company, Peter was employed with international accounting firm KPMG where he was a Client Manager in the Assurance and Advisory Division.
    [Show full text]
  • EXCLUSIVE 2019 International Pizza Expo BUYERS LIST
    EXCLUSIVE 2019 International Pizza Expo BUYERS LIST 1 COMPANY BUSINESS UNITS $1 SLICE NY PIZZA LAS VEGAS NV Independent (Less than 9 locations) 2-5 $5 PIZZA ANDOVER MN Not Yet in Business 6-9 $5 PIZZA MINNEAPOLIS MN Not Yet in Business 6-9 $5 PIZZA BLAINE MN Not Yet in Business 6-9 1000 Degrees Pizza MIDVALE UT Franchise 1 137 VENTURES SAN FRANCISCO CA OTHER 137 VENTURES SAN FRANCISCO, CA CA OTHER 161 STREET PIZZERIA LOS ANGELES CA Independent (Less than 9 locations) 1 2 BROS. PIZZA EASLEY SC Independent (Less than 9 locations) 1 2 Guys Pies YUCCA VALLEY CA Independent (Less than 9 locations) 1 203LOCAL FAIRFIELD CT Independent (Less than 9 locations) No response 247 MOBILE KITCHENS INC VISALIA CA Independent (Less than 9 locations) 1 25 DEGREES HB HUNTINGTON BEACH CA Independent (Less than 9 locations) 1 26TH STREET PIZZA AND MORE ERIE PA Independent (Less than 9 locations) 1 290 WINE CASTLE JOHNSON CITY TX Independent (Less than 9 locations) 1 3 BROTHERS PIZZA LOWELL MI Independent (Less than 9 locations) 2-5 3.99 Pizza Co 3 Inc. COVINA CA Independent (Less than 9 locations) 2-5 3010 HOSPITALITY SAN DIEGO CA Independent (Less than 9 locations) 2-5 307Pizza CODY WY Independent (Less than 9 locations) 1 32KJ6VGH MADISON HEIGHTS MI Franchise 2-5 360 PAYMENTS CAMPBELL CA OTHER 399 Pizza Co WEST COVINA CA Independent (Less than 9 locations) 2-5 399 Pizza Co MONTCLAIR CA Independent (Less than 9 locations) 2-5 3G CAPITAL INVESTMENTS, LLC. ENGLEWOOD NJ Not Yet in Business 3L LLC MORGANTOWN WV Independent (Less than 9 locations) 6-9 414 Pub
    [Show full text]
  • President's Letter
    1/1/2018 to 3/31/2018 Dow Jones: (1.96%) S&P 500: (0.76%) NASDAQ: 2.59% Russell 2000: (0.08%) MSCI EAFE: (1.53%) PRESIDENT’S LETTER April 2018 “Houston, we’ve had a problem.” — James Lovell - Apollo 13 Astronaut Dear Friends and Clients, Do you ever feel like the demands and distractions of everyday life keep you from stepping back and focusing on the big picture? You’re not alone. The constant fire hose of news and the flashing of red and green ticker symbols often leave me wondering if I should be tested for Attention Deficit Disorder at my next physical. There are times where I feel as if I have taken a paper clip from my desk drawer and inserted it into the closest electrical socket. Writing these letters always provides a healthy pause button from the portion of my days that I spend within 24 inches of a Bloomberg screen. The end of each quarter is an opportunity to move from my desk, with its flashing monitors, to the couch in my office, sweep all the mental clutter into the closet for an hour, and reflect on where we have been and where we might go. The last two months have marked a meaningful (and hopefully lasting) shift in investors’ attitudes toward risk. January of 2018 started out like most of the prior year, with asset prices steadily setting new highs while volatility was near record lows. The S&P 500 extended its record run of 15 straight months of gains, ending the month an impressive 5.7% higher.
    [Show full text]
  • 4Q 2017 Quarterly Commentary
    4Q 2017 10/1/2017 to 12/31/2017 Dow Jones: 10.96% S&P 500: 6.64% NASDAQ: 6.55% Russell 2000: 3.34% MSCI EAFE: 4.23% QUARTERLY COMMENTARY January 2018 “A handful of patience is worth more than a bushel of brains.” — Dutch Proverb Dear Friends and Clients, The new year is always an excellent opportunity to reflect on the past year. In this particular business, we tally up the credits and debits to see what was added to (or subtracted from) our clients’ investment portfolios. I like the quote at the top of the page because I think it applies to me. I don’t claim to have an abnormally high level of intelligence compared to the average investor, but I have done my best to learn what Howard Marks calls “patient opportunism.” In reflecting on my investing life up to this point, I find that patience may be the most important ingredient for success, if not an absolute requirement. When I have been in too big of a hurry, I have generally paid the price for my haste. In my own portfolio, I look back and marvel at the $3,000 cost basis Mrs. Travis and I have in shares of Berkshire Hathaway, which we purchased in 1989, the year of our marriage. Today the class A shares of Mr. Buffett’s corporate empire fetch north of $310,000 apiece. I bring this up not to brag, but simply to note that this result took a very long time to achieve – 28 years, to be exact.
    [Show full text]
  • For Personal Use Only Use Personal for O Increased Leverage Covenant Ceiling to 2.50X (From 2.0X); and O Remaining Covenants (Interest Cover and Gearing) Unchanged
    ASX/media release 26 March 2012 UPDATE: DEBT FACILITY & ORGANISATIONAL RESTRUCTURE Leading Australian retail food brand manager and franchisor, Retail Food Group Limited (RFG or the Company), today provided the following Update. Acquisition Opportunity During the 2011 AGM Presentation, the Company advised that: • a plethora of acquisition and other growth opportunities continue to present themselves; and • such opportunity, where meritorious, was being actively investigated. This opportunity has more recently resulted in acquisition of the Evolution Coffee Roasters Group in September 2011, and the conditional agreement to acquire the Pizza Capers Gourmet Kitchen franchise system (announced on the 28 th February 2012). While the Company continues to take a conservative and measured approach, acquisitions will continue to be a significant component of the RFG growth platform and ultimately will result in both increased outlets as well as the number of franchise systems under the Company’s stewardship. Such that RFG remains at the forefront of franchising best practice and is otherwise appropriately positioned to partake of ongoing acquisition opportunity, enhanced organic growth and development of its franchise systems, the Company has concluded the following initiatives: Reset of Banking Facility As a feature of its capital management platform, RFG announces that is has resolved terms to increase facility quantum and extend the present maturity date of the Company’s debt facilities with the National Australia Bank. The revised facility terms include: • increase in Senior Debt Revolving Facility from $95m to $135m; • extension of present maturity date from September 2013 to 30 September 2014; • increased flexibility, including: o voluntary debt retirement and redraw; For personal use only o increased leverage covenant ceiling to 2.50x (from 2.0x); and o remaining covenants (Interest Cover and Gearing) unchanged.
    [Show full text]
  • Major Chains Have Big Growth Plans Under Way in WA
    Franchises • Major chains have big growth plans under way in WA • Franchises positive about economy, leasing market • Tough employment laws a potential problem • Businesses turn to technology and value adding to distinguish products Bullish franchises plan to expand Whether it’s burritos, car repairs or mortgage advice, a number of big franchises are targeting growth in 2018. ATRONS dining-in Mr Pickard said the they spoke to Business would be reopened within with a cold beer Watertown restaurant News. a month. Pwill be a key part aimed to put a modern Zambrero, wh ich Melbourne-based of the expansion strat- twist on the offering, entered the state in 2013, Bakers Delight joint-chief Matt Mckenzie egy for Bucking Bull in encouraging an increase already has 32 stores in executive, David Christie, [email protected] @Matt_Mckenzie_ Western Australia, as in the average spend per WA, with about eight said his company had the traditionally food person of about 50 per more in the pipeline for opened six new shops in court-focused business cent, to $18 a head, com- this year. Perth’s southern region moves into higher value pared with the traditional Zambrero general during the past 18 months. markets, according to food court. manager WA Steve Wad- Mr Christie said prod- Franchise Fusion manag- The availability of dingham said the local uct innovation was a ing director Troy Pickard. alcohol with a meal also market had been one major part of the strategy Bucking Bull is owned changed the dynamic, he of the strongest for the for the bakery to grow by Queensland-based said.
    [Show full text]
  • Parliamentary Joint Committee on Corporations and Financial Services
    Parliamentary Joint Committee on Corporations and Financial Services Fairness in Franchising March 2019 © Commonwealth of Australia 2019 978-1-76010-891-5 This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Australia License. The details of this licence are available on the Creative Commons website: http://creativecommons.org/licenses/by-nc-nd/3.0/au/ Printed by the Senate Printing Unit, Parliament House, Canberra. Committee membership Committee members Mr Michael Sukkar MP, Chair VIC, LP (from 10 September 2018) Ms Terri Butler MP QLD, ALP (from 15 September 2016–10 September 2018) Senator Anthony Chisholm, Deputy Chair QLD, ALP (from 13 February 2019) Mr Jason Falinski MP NSW, LP Senator Jane Hume VIC, LP Mr Steve Irons MP WA, LP (from 14 September 2016–10 September 2018) Ms Ged Kearney MP NSW, ALP (from 10 September 2018) Mr Matt Keogh MP WA, ALP Senator Chris Ketter QLD, ALP Senator Deborah O'Neill NSW, ALP (from 12 September 2016–13 February 2019) Mr Bert van Manen MP QLD, LP Senator Peter Whish-Wilson AG, TAS Senator John Williams NSW, NATS Committee secretariat Dr Patrick Hodder, Secretary PO Box 6100 Parliament House Canberra ACT 2600 T: +61 2 6277 3583 F: +61 2 6277 5719 E: [email protected] W: www.aph.gov.au/joint_corporations iii Table of Contents Committee membership ................................................................................... iii Executive Summary ........................................................................................ xiii Recommendations
    [Show full text]
  • International Smallcap Separate Account As of July 31, 2017
    International SmallCap Separate Account As of July 31, 2017 SCHEDULE OF INVESTMENTS MARKET % OF SECURITY SHARES VALUE ASSETS AUSTRALIA INVESTA OFFICE FUND 2,473,742 $ 8,969,266 0.47% DOWNER EDI LTD 1,537,965 $ 7,812,219 0.41% ALUMINA LTD 4,980,762 $ 7,549,549 0.39% BLUESCOPE STEEL LTD 677,708 $ 7,124,620 0.37% SEVEN GROUP HOLDINGS LTD 681,258 $ 6,506,423 0.34% NORTHERN STAR RESOURCES LTD 995,867 $ 3,520,779 0.18% DOWNER EDI LTD 119,088 $ 604,917 0.03% TABCORP HOLDINGS LTD 162,980 $ 543,462 0.03% CENTAMIN EGYPT LTD 240,680 $ 527,481 0.03% ORORA LTD 234,345 $ 516,380 0.03% ANSELL LTD 28,800 $ 504,978 0.03% ILUKA RESOURCES LTD 67,000 $ 482,693 0.03% NIB HOLDINGS LTD 99,941 $ 458,176 0.02% JB HI-FI LTD 21,914 $ 454,940 0.02% SPARK INFRASTRUCTURE GROUP 214,049 $ 427,642 0.02% SIMS METAL MANAGEMENT LTD 33,123 $ 410,590 0.02% DULUXGROUP LTD 77,229 $ 406,376 0.02% PRIMARY HEALTH CARE LTD 148,843 $ 402,474 0.02% METCASH LTD 191,136 $ 399,917 0.02% IOOF HOLDINGS LTD 48,732 $ 390,666 0.02% OZ MINERALS LTD 57,242 $ 381,763 0.02% WORLEYPARSON LTD 39,819 $ 375,028 0.02% LINK ADMINISTRATION HOLDINGS 60,870 $ 374,480 0.02% CARSALES.COM AU LTD 37,481 $ 369,611 0.02% ADELAIDE BRIGHTON LTD 80,460 $ 361,322 0.02% IRESS LIMITED 33,454 $ 344,683 0.02% QUBE HOLDINGS LTD 152,619 $ 323,777 0.02% GRAINCORP LTD 45,577 $ 317,565 0.02% Not FDIC or NCUA Insured PQ 1041 May Lose Value, Not a Deposit, No Bank or Credit Union Guarantee 07-17 Not Insured by any Federal Government Agency Informational data only.
    [Show full text]
  • Cooks Food Group Limited 2013 Independent
    Cooks Food Group Limited Independent Adviser’s Report In Respect of the Proposed Placement of Shares to DSL Management Limited Independent Report In Respect of the Proposed Backdoor Listing of Various Businesses September 2013 Statement of Independence Simmons Corporate Finance Limited confirms that it: • has no conflict of interest that could affect its ability to provide an unbiased report • has no direct or indirect pecuniary or other interest in the proposed transactions considered in this report, including any success or contingency fee or remuneration, other than to receive the cash fee for providing this report. Simmons Corporate Finance Limited has satisfied the Takeovers Panel, on the basis of the material provided to the Takeovers Panel, that it is independent under the Takeovers Code for the purposes of preparing this Independent Adviser’s Report. www.simmonscf.co.nz Index Section Page 1. Introduction ........................................................................................................................ 1 2. Evaluation of the Merits of the Transactions (Including the DSL Allotment) .................... 12 3. Evaluation of the Fairness of the Transactions ................................................................23 4. Profile of Cooks Food ...................................................................................................... 25 5. Valuation of Cooks Food (Pre the Transactions) ............................................................. 31 6. Indicative Valuation of Cooks Global (Post
    [Show full text]
  • 1H20 Financial Statements
    Retail Food Group Limited APPENDIX 4D (Rule 4.2A.3) PRELIMINARY FINAL REPORT FOR THE HALF-YEAR ENDED 31 DECEMBER 2019 RESULTS FOR ANNOUNCEMENT TO THE MARKET (All comparisons to the period ended 31 December 2018) 1H20 1H19 A$'000 A$'000 Revenue and other income from continuing operations Up 2.5% to 151,417 147,753 Revenue and other income from discontinued operations Down (36.5%) to 28,071 44,220 Total revenues and other income Down (6.5%) to 179,488 191,973 Underlying earnings before interest, tax, depreciation and amortisation (EBITDA) Up 32.7% to 31,724 23,911 Business restructuring, impairment, provisioning and other expenses (53,415) (136,417) Gain on debt forgiveness 71,754 - Reported earnings before interest, tax, depreciation and amortisation (EBITDA) Up 144.5% to 50,063 (112,506) Profit/(loss) from continuing operations before income tax Up 144.7% to 45,380 (101,596) Loss from discontinued operations before income tax (14,453) (27,249) Profit/(loss) before income tax Up 124.0% to 30,927 (128,845) Income tax (expense)/benefit from continuing operations (18,237) 12,632 Income tax benefit from discontinued operations 1,598 5,079 Profit/(loss) for the period attributable to members of the parent entity Up 112.9% to 14,288 (111,134) 1H20 FY19 Net Tangible Assets/(Liabilities) per security (3.7) cents (148.8) cents Dividends Amount per security Final dividend - Current year - cents - Previous corresponding period - cents Total dividend (interim and final): - Current year - cents - Previous corresponding period - cents For an explanation of the figures reported refer to commentary on the results.
    [Show full text]
  • 1H21 Financial Statements
    Retail Food Group Limited APPENDIX 4D (Rule 4.2A.3) PRELIMINARY FINAL REPORT FOR THE HALF-YEAR ENDED 31 DECEMBER 2020 RESULTS FOR ANNOUNCEMENT TO THE MARKET (All comparisons to the period ended 31 December 2019) Restated 1H21 1H20 A$'000 A$'000 Revenue and other income from continuing operations Down (23.2%) to 60,495 78,732 Revenue and other income from discontinued operations Down (75.4%) to 24,633 100,248 Total revenues and other income Down (52.4%) to 85,128 178,980 Underlying earnings before interest, tax, depreciation and amortisation (EBITDA) Down (27.8%) to 14,385 19,926 Discontinued Operations and Disposal costs (3,253) (12,309) AASB 15 & AASB 16 1,284 6,653 Business restructuring, impairment, provisioning and marketing expenses (262) (36,472) Gain on debt forgiveness - 71,754 Reported earnings before interest, tax, depreciation and amortisation (EBITDA) Down (75.5%) to 12,154 49,552 Profit from continuing operations before income tax Down (81.5%) to 8,616 46,538 Loss from discontinued operations before income tax (4,752) (16,119) Profit before income tax Down (87.3%) to 3,864 30,419 Income tax expense from continuing operations - (17,915) Income tax benefit from discontinued operations - 1,374 Profit for the period attributable to members of the parent entity Down (72.2%) to 3,864 13,878 1H21 FY20 Net Tangible Assets/(Liabilities) per security (2.4) cents (2.9) cents Dividends Amount per security Final dividend - Current year - cents - Previous corresponding period - cents Total dividend (interim and final): - Current year - cents - Previous corresponding period - cents For an explanation of the figures reported refer to commentary on the results.
    [Show full text]
  • RFG Modern Slavery Statement 31.03.21.Pdf
    Modern Slavery Act 2018 (Cth) Modern Slavery Statement Retail Food Group Limited 1. Introduction: 1.1 We support every individual's right to live and work freely, and oppose all forms of modern slavery. 1.2 We also recognise the important role that all businesses can play in positively contributing to the reduction and ultimate elimination of modern slavery practices. 1.3 This is Retail Food Group Limited’s first Modern Slavery Statement (Statement). 1.4 In preparing this Statement, we have engaged with appropriate organisational representatives to review and assess modern slavery related risks within our operations and supply chain, and to frame our approach to mitigating modern slavery risks. 1.5 FY20 was influenced by a number of challenges, particularly the emergence of the COVID-19 pandemic and its unavoidable impact. Whilst we have implemented a number of measures during this disrupted period to better review, assess and respond to modern slavery risks, we appreciate more can be done and are committed to continuous improvement to better ensure that our policies, procedures and operations more effectively assess, review and remediate the risk of modern slavery practices should they be identified. 1.6 All references in this Statement to RFG, the Company, we, our or us means a reference to Retail Food Group Limited and its controlled entities (the Group). 2. Our Reporting Entities: 2.1 As at 30 June 2020, the Group incorporated the following reporting entities: a) Retail Food Group Limited ACN 106 840 082; b) WDM Holdings Pty Ltd ACN 614 185 198; and c) ACN 125 810 059 Pty Ltd ACN 125 810 059 (formerly Hudson Pacific Corporation Pty Ltd) 2.2 This Statement represents a joint statement on behalf of each of the reporting entities identified above.
    [Show full text]