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KCOM Maintains Outlook, Reiterates Commitment To 10% Dividend Growth

Tue, 29th Jul 2014 09:20

LONDON (Alliance News) - Communications company KCOM Group PLC Tuesday said its outlook remains unchanged since the time of its full-year results in June, and reiterated its commitment to raise its full-year dividend by 10% this year and next.

The company said that in the financial year to date it has continued to focus on exploiting opportunities in its key markets, investing in its fibre-based broadband services in Hull and East Yorkshire, and delivering value added services to the enterprise market.

It has continued to expand the reach of the fibre services alongside drumming up consumer demand for them, it said.

Shares in KCOM were trading up 0.2% at 93.70 pence Tuesday morning.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

Copyright 2014 Alliance News Limited. All Rights Reserved.

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