Telecom Plus Share News (TEP)

LONDON BROKER RATINGS: Jefferies cuts AJ Bell; Deutsche likes ConvaTec

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

London close: Stocks follow Wall Street into the red

(Sharecast News) - London markets closed in the red on Tuesday, turning weaker during the afternoon to mirror the decline in Wall Street equities, as investors monitored the start of the Federal Reserve's two-day policy meeting.

IN BRIEF: Telecom Plus guides for profit at upper end of expectations

Telecom Plus PLC - London-based bundled household utility provider and owner of Utility Warehouse - Adjusted pretax profit for the financial year that ended March 31 will be toward the upper end of market expectations, which Telecom Plus puts at GBP110.1 million to GBP116.3 million. This will be up from GBP96.2 million in financial 2023. Telecom Plus confirms it will pay a total dividend of 83 pence per share for the recent year, up 3.8% from 80p. Customer numbers passed a million in financial 2024, ending at 1.01 million, up 14% from 886,579 a year before. Total services provided rises by 12% to 3.1 million from 2.8 million.

Telecom Plus sees FY profit at upper end of expectations

(Sharecast News) - Telecom Plus said on Tuesday that full-year adjusted pre-tax profit was set to be towards the upper end of market expectations after a record year.

LONDON BROKER RATINGS: Exane raises Rentokil; RBC cuts Centrica

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

IN BRIEF: Telecom Plus surpasses one million customers

Telecom Plus PLC - London-based bundled household utility provider and owner of Utility Warehouse - Says it has passed the one million customer milestone. The company credits this to its "unique combination of its multiservice customer offering and word of mouth route to market". Telecom Plus says that it continues to trade in line with market expectations, which predict around GBP113.2 million in pretax profit for the year ending March 31.

Telecom Plus customer base tops one million

(Sharecast News) - Utilities, insurance and broadband provider Telecom Plus has passed the one-million customer milestone, as it confirmed that trading was in line with expectations for the full year.

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

IN BRIEF: Telecom Plus launches share buyback for up to GBP10 million

Telecom Plus PLC - London-based multi-utility supplier - Launches buyback of own shares for a consideration of up to GBP10 million from Wednesday. Says all ordinary shares repurchased will be held as treasury shares.

LONDON BRIEFING: UK Commercial Property shareholder blocks merger

(Alliance News) - The FTSE 100 is expected to edge into the red at Tuesday's open, with a strong pound likely to hinder progress for many of its overseas earners.

Telecom Plus upbeat on strong first-half growth

(Sharecast News) - Telecom Plus, operating under the Utility Warehouse (UW) brand, reported significant first-half growth on Tuesday, with revenue increasing 57.1% to £883.6m.

UK earnings, trading statements calendar - next 7 days

CORRECT: Telecom Plus growing fast, updates 10-year contract with E.ON

(Correcting Telecom Plus PLC guidance.)

Telecom Plus growing fast, updates ten-year contract with E.ON

(Alliance News) - Telecom Plus PLC on Wednesday said it is "comfortably on track" to reach over one million customers during its current year, and is performing strongly as the energy market stabilises.