Buy FAMBRANDS Shares - View Live Share Price, Latest Earnings (2019)

Famous Brands Limited. JSE: FBR

Famous Brands shares

Background of Famous Brands

  • Famous Brands and is one of Africa’s leading branded food services franchisors. The group’s vertically integrated business model covers a portfolio of 27 brands, represented by a franchise network of 2614 restaurants in South Africa and the rest of Africa, the Middle East and the United Kingdom. This portfolio is underpinned by extensive logistics and manufacturing operations.

  • The company’s history on the JSE started in 1994, when it listed with a market cap of R25 million and comprised only the Steers brand. The company today has a market cap of more than R13 billion, controlling hugely successful mainstream brands such as Wimpy, Mugg & Bean, Steers, Debonairs, Fishaways, Milky Lane, Juicy Lucy, Wakaberry, Europa, Keg, NetCafe, House of Coffees and Fego Caffe.

  • The Famous Brands Development Division is responsible for the design, costing, procurement, and project management of restaurant construction for the group’s portfolio of franchised restaurants. The division completes over 400 projects annually and includes the development of new restaurants as well as the revamping and relocations of existing restaurants. The Retail Division is responsible for sale into the retail and wholesale markets.

  • Famous Brands shares are available to buy on the Johannesburg Stock Exchange (JSE). The live online stocks chart shows that Famous Brands share price has been one of the top-performing amongst Consumer Services stocks, growing from R46 in 2011 to R 133 in 2016.

Famous Brands Shares Growth Driver

  • Despite the economic downturn in South Africa placing pressure on consumer spending, Famous Brands has recorded strong performance for the past few years. The company’s 2015 annual report highlighted revenue growth of 16% to R3.3 billion, operating profit growth of 19% to R672 million and headline earnings per share growth of 15%. Dividends per share were up 18% to 355 cents, whilst operating margins reached a record high of 20.5%.

  • The standout performer of the group’s was Mugg & Bean, which raised sales by 10% and opened 26 new restaurants in response to growing demand. Debonairs experienced good growth amongst middle-class black consumers, with 53 new restaurants opening. Fishaways opened 50 new restaurants, whilst Steers rolled out a popular new flame grilled chicken offering to 220 restaurants. The group’s emerging brands had similarly good showings, with strong consumer demand fuelled by premiumisation and customisation amongst the resilient high-end LSM market.

  • An important development was the purchase of a 75% stake in red meat producer Cater Chain Food Services, which will allow the group to integrate currently outsourced business to meet bulk beef requirements. In a similar vein, the group decided to buy a tomato paste factory in Port Elizabeth at a bargain price.

Famous Brands Group Investor Tip

  • With a number of savvy acquisitions, Famous Brands is driving down manufacturing costs, whilst growing its highly regarded brands. Famous Brands share price is forecast to continue growing, and the company’s exceptionally healthy cash and market positions should encourage investors to buy Famous Brands shares.

Famous Brands Major Shareholders

Public Investment Corporation, Pictet & Cie, Arisaig Africa Consumer Fund.

  • Sector

    Consumer Staples

  • Industry

    Consumer Products

  • Sub industry

    Packaged Food

How to buy Famous Brands Group Shares

  • Famous Brands : How to buy Famous Brands Group Shares Online

    We have made it simple to buy JSE listed firm shares online. The easiest way to buy Famous Brands Group shares or stocks is to; start by submitting the ‘BUY THIS SHARE’ form. Next, one of our experienced and certified stock brokers will personally get in contact with you to discuss your custom stock request. Finally, a stock advisor will confirm the amount of shares you are looking to invest in Famous Brands Group and assist you with the setup and management of your stock portfolio account.

  • Here are the steps you must follow to Buy / Purchase Famous Brands Group shares with utmost confidence:

    1. Start by Filling in the BUY THIS SHARE form.
    2. Insert your name, email, telephone number and monthly remuneration.
    3. Then, Indicate the amount you are looking to invest in Famous Brands Group.
    4. Click the “ INVEST NOW” button
    5. Once we have received your info, a dedicated stock advisor will personally call you back to discuss your personal share request.
    6. Lastly, your newly appointed personal stock advisor will handle all account setups and reporting as stipulated by the financial services board of South Africa (FSB)
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