Property Franchise Group PLC on Thursday noted strong demand in January within its financial services, as revenue rose comfortably in the year just gone.

The Bournemouth, England-based property franchisor and financial services provider said revenue surged to £67.2 million in 2024, from £27.3 million in 2023.

Property Franchise highlighted strong demand in January within its financial services business, adding that current mortgage rates give it confidence to achieve a positive first financial half, while the second half will be influenced by anticipated interest rate cuts.

For 2025, the company will focus on successfully integrating Belvoir Group PLC and GPEA Ltd.

Chief Executive Officer Gareth Samples said: ‘I am immensely proud of what the group achieved in 2024, with the delivery of two major acquisitions, now integrated into the group, as well as strong organic growth. Our success has culminated in yet another record-breaking financial performance which has redefined the scale of our business and set us up for ongoing success.

‘FY25 has started with strong momentum and we look forward to the continued synergies from the two transformative deals, with Belvoir and GPEA, and other strategic projects initiated in the year coming to fruition in 2025, unlocking the full potential of the combined group as it looks to its next phase of growth.’

In December, the company announced that Ben Dodds would assume the role of chief financial officer, which he has done on January 2. He succeeded David Raggett.

Property Franchise shares were 1.4% higher at 419.62 pence each on Friday afternoon in London.

Copyright 2025 Alliance News Ltd. All Rights Reserved.