PREMIUM
AIM IHT
Filta Group - decent results but change in business mix looks puzzling
Shares in this hitherto franchised focused provider of fryer management services to commercial kitchens have fallen dramatically over the past few months. While the latest interim results appear to have been well received, the current business model looks somewhat less appealing to us.
We liked the look of Filta Group (LON:FLTA) on its AIM arrival in November 2016, largely because of the seemingly substantial growth opportunity in North America where it already has a substantial presence. It appeared to possess those perfect investment credentials of a simple well-managed business, supporting a boring service, which is in regular demand - there are even some environmental attractions.
Filta Group Holdings PLC is a group of businesses providing cooking oil,…
Continue reading our content…
Gain access to all our excellent content for just £90 per year, that’s just 25p per day for financial freedom.
- Unlimited access to our market-beating portfolios
- In-depth coverage of many of the world’s great companies
- Unique insights from our top research team
Register FREE for access to limited content.
- Company and markets insights
- Sponsored content
- Podcasts
Previous article Next article
