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Filta Group - share price weakness could present a buying opportunity

Filta Group - share price weakness could present a buying opportunity
Shares in this franchised based provider of fryer management services to commercial kitchens have tumbled since a trading update which clearly worried the market. The sell-off looks overdone to us and this simple, well-managed business looks well-placed to maintain its growth.

We liked the look of Filta Group (LON:FLTA) on its AIM arrival in November 2016, largely because of the big growth opportunity in North America where it already has a substantial presence. It appears to possess those perfect investment credentials of a simple well-managed business, supporting a boring servic, which is in regular demand - there are even some environmental attractions.

Filta Group Holdings PLC is a group of businesses providing cooking oil, micro-filtration services and total fryer management to over 5,000 commercial kitchens in the United States, United Kingdom and mainland Europe.

Group Services

The Groups 3 core service lines are as follows:

- FiltaFry

FiltaFry, their unique Fryer Management service, is the cornerstone of the service offering in North America, the UK and mainland Europe. It provides an effective, hygienic and economic service for commercial kitchens, cleaning fryers, reducing cooking oil costs and disposing of waste cooking oil.

More than 6,000…

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