Telecom Plus PLC (trading as the Utility Warehouse), which supplies a wide range of utility services (gas, electricity, fixed line telephony, mobile telephony and broadband internet) to both residential and business customers, today announces its half-year results for the six months ended 30 September 2015.
Financial highlights (prior year numbers restated where applicable):
Revenue up 10.8% to £294.0m (2014: £265.5m)
Adjusted profit before tax up 10.1% to £22.5m (2014: £20.4m); statutory £15.2m (2014: £14.5m)
Adjusted earnings per share up 11% to 23.2p (2014: 20.9p); statutory 14.3p (2014: 13.5p)
Interim dividend increased by 15.8% to 22p per share (2014: 19p)
Operating highlights:
Further organic growth in line with previous guidance
Total services supplied up by 53,488 for the period to 2,146,935 (2014: 2,012,052)
Customer (“Member”) numbers for the period up by 13,585 to 595,098 (2014: 559,449)
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