Yu Energy Share News (YU.)

Yu shares up as expects to report annual double-digit revenue rise

(Alliance News) - Yu Group PLC on Tuesday hailed its financial performance in 2022, with revenue expected to surge and margins tipped to top market expectations.

Yu Group hails record-breaking year

(Sharecast News) - Yu Group said on Tuesday that it was on course to beat market expectations for the year, as it hailed a "record-breaking" performance.

IN BRIEF: Yu shares up as annual results to exceed market guidance

Yu Group PLC - supplier of gas, electricity and water to businesses - Expects full-year financial results to be significantly ahead of market expectations. Says revenue, adjusted earnings before interest, tax, depreciation and amortisation and operational cashflow are expected to significantly exceed current guidance for 2022. Annual revenue is estimated at around GBP260 million, and Ebitda profitability is expected to "continue its strong trajectory" with the second half to exceed the 2.1% achieved in the first half, driven by "strong demand and the efficiencies of our digital by default transformation".

Yu Group sees FY 'significantly ahead' of expectations

(Sharecast News) - Independent gas, electricity and water supplier Yü Group said annual earnings were expected to "significantly exceed" current market expectations.

EARNINGS SUMMARY: Interim revenue up at NAHL, DigitalBox, Personal, Yu

Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

UK earnings, trading statements calendar - next 7 days

TRADING UPDATES: Kavango wins new licence; Tlou progresses at Lesedi

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Yu Group expects to nearly double revenue in half-year

(Alliance News) - Yu Group PLC on Tuesday announced its continued strong financial performance following revenue growth, margin expansion, as it prepares to launch its smart metering business.

LONDON BROKER RATINGS: RBC, Goldman, Jefferies review property shares

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

IN BRIEF: Yu Group makes strong start to year with record revenue

Yu Group PLC - UK supplier of gas, electricity and water - Reports a strong start to the year and expects its full-year performance to be in line with expectations. Notes "significant" revenue growth in the four months ending April 30. Average monthly bookings for the four months stands at GBP13.0 million, up 81% against the previous year.

Yu Group reports 'strong' start to year despite market volatility

(Sharecast News) - Corporate gas, power and water supplier Yü Group reported a "strong start" to the year in a trading update on Thursday, with the good momentum from 2021 continuing.

REPEAT: UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

IN BRIEF: Yu Group integrates Magnum Utilities via new metering unit

Yu Group PLC - UK supplier of gas, electricity and water - Creates a metering services unit to integrate Magnum Utilities. The new metering division is set to launch in the early third quarter of 2022. "The new metering services division will see the development of Yü Group's field engineering capabilities" which aims to speed up the installation of smart metres across the firm's portfolio, it explains. "This will provide Yu Group greater control and accuracy of metering data to improve operational efficiencies," the company adds. "The ability to control a larger part of the value chain and influence predictable outcomes for our customers will drive significant value enhancement - providing us greater control of our customers' energy supply," says Chief Executive Officer Bobby Kalar.

EARNINGS UPDATES: MP Evans dividend outlook bright; ScS share buyback

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: