Telecom Plus H1 growth plan gains momentum, reiterates FY guidance
6th Oct 2026 07:10
(Sharecast News) - Multi-service utility provider Telecom Plus said on Tuesday that it had delivered encouraging early progress against its new five‑year growth plan, reporting faster customer additions, a stronger partner network and improving cross‑sell activity in the first half, while reiterating full‑year profit guidance.
Read moreTelecom Plus backs FY guidance after 'encouraging' start to year
17th Aug 2026 09:06
(Sharecast News) - Telecom Plus - which trades as Utility Warehouse - said on Monday that it was confident of meeting its guidance for FY27 and of delivering on its long-term goal of £175m of adjusted pre-tax profit by FY31 following an "encouraging" start to the year.
Read moreBerenberg more than halves Telecom Plus target price
25th Jun 2026 08:04
(Sharecast News) - Analysts at Berenberg slashed their target price for Telecom Plus to 1,200p from 2,600p, after updating forecasts to reflect the firm's new five‑year plan and heavier‑than‑expected investment programme.
Read moreTelecomPlus sees lower 2027 profit on investment to boost customer numbers
23rd Jun 2026 07:45
(Sharecast News) - Shares in Telecom Plus plunged by a quarter on Tuesday as the utilities provider said it expected earnings next fiscal year to be lower and halved its dividend as it launched an ambitious five-year plan to more than double multi-service customer numbers to one million.
Read moreTelecom Plus sees FY profits at bottom end of guidance, shares slide
28th Apr 2026 10:47
(Sharecast News) - Telecom Plus tumbled on Tuesday as it warned that full-year profits would come in at the bottom end of guidance following reduced energy consumption during an unseasonably warm winter.
Read moreTelecom Plus interim profits sink, but outlook confident
25th Nov 2025 07:44
(Sharecast News) - Telecom Plus reported a near-30% plunge in adjusted earnings over the first half despite solid revenue growth, due to the re-phasing of energy costs across the financial year, though a strong increase in customer numbers has supported confidence in hitting full-year forecasts.
Read moreTelecom Plus backs full-year guidance
7th Oct 2025 08:03
(Sharecast News) - Telecom Plus backed its full-year guidance on Tuesday as it said compound double-digit customer growth continued and the cross-sell into acquired TalkTalk customers has exceeded expectations.
Read moreLondon close: Stocks finish higher after wave of results
6th Aug 2025 17:33
(Sharecast News) - London markets ended slightly higher on Wednesday, buoyed by corporate earnings despite concerns over a deteriorating outlook for the UK construction sector.
Read moreAcquired TalkTalk customers underpin growth for Telecom Plus
6th Aug 2025 09:45
(Sharecast News) - Telecom Plus said on Wednesday that it expects customer numbers to rise by around 25% in the current financial year after acquiring a second batch of broadband and landline customers from TalkTalk, as it continued to expand through strategic purchases and cross-selling.
Read moreLondon close: Stocks manage gains as oil prices slide
24th Jun 2025 17:37
(Sharecast News) - London equities ended slightly higher on Tuesday, overcoming geopolitical jitters after Israel accused Iran of violating a ceasefire agreement.
Read moreTelecom Plus guides to further profit growth after record results
24th Jun 2025 07:24
(Sharecast News) - Telecom Plus reported record profits in line with market expectations in the 12 months to 31 March despite a slip in revenues, and pointed to further growth in the year ahead.
Read moreBerenberg starts coverage of Telecom Plus at 'buy'
8th May 2025 12:48
(Sharecast News) - Berenberg initiated coverage of Telecom Plus on Thursday with a 'buy' rating and 2,600p price target as it argued it was a "gem" that has "fallen through the cracks".
Read moreTelecom Plus flags record full-year customer growth
29th Apr 2025 08:30
(Sharecast News) - Telecom Plus said on Tuesday that it delivered record customer growth, profits, and dividend increases in its financial year ended 31 March, with full-year guidance reiterated.
Read moreDirector dealings: Telecom Plus chairman raises stake
3rd Dec 2024 14:09
(Sharecast News) - Telecom Plus revealed on Tuesday that chairman Charles Wigoder had acquired 200,000 ordinary shares in the FTSE 250-listed utilities supplier.
Read moreLondon close: Stocks stay lower on Trump tariff concerns
26th Nov 2024 15:31
(Sharecast News) - London stocks closed lower on Tuesday as risk sentiment soured following Donald Trump's announcement of plans to impose new tariffs on Canada, Mexico, and China.
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