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United Kingdom

Telecom Plus PLC (TEP.L)

TEP.L on London Stock Exchange

1,338.00GBp
18 Jul 2019
Change (% chg)

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83,587
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1,542.00
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995.00

Latest Key Developments (Source: Significant Developments)

Telecom Plus Says FY Pretax Profit Rose 4.9% To 43 Mln Stg
Tuesday, 18 Jun 2019 

June 18 (Reuters) - Telecom Plus Plc ::FY PRETAX PROFIT ROSE 4.9 PERCENT TO 43 MILLION STG.FY REVENUE ROSE 1.5 PERCENT TO 804.4 MILLION STG.FY RESULTS IN LINE WITH EXPECTATIONS.FULL YEAR DIVIDEND UP 4.0% TO 52P PER SHARE.FY ADJUSTED PROFIT BEFORE TAX UP 3.7% TO 56.3 MLN STG.FULL YEAR DIVIDEND UP 4.0% TO 52P PER SHARE.EXPECT ADJUSTED PROFITS BEFORE TAX TO INCREASE TO BETWEEN 60 MLN STG - 65 MLN STG FOR FY2020.HIGHER WHOLESALE COSTS DURING AUTUMN AND EARLY WINTER RESULTED IN AN INCREASE OF AROUND £115 TO PRICE CAP ON 1 APRIL 2019.LOWER RECENT COMMODITY COSTS MEAN THAT OFGEM PRICE CAP IS EXPECTED TO FALL AGAIN AT NEXT REVIEW POINT ON 1 OCTOBER 2019.FORECAST REDUCTION OF ABOUT 75 STG IN OFGEM PRICE CAP TO TAKE SVTS BACK TO BELOW LEVEL THEY WERE AT PRIOR TO INTRODUCTION OF PRICE CAP.BELIEVE THAT OFGEM PRICE CAP HAS CREATED A "FAIRER" ENERGY MARKET THAN BEFORE.REMAIN SHELTERED FROM FULL IMPACT OF PRICE CAP UNDER WHOLESALE SUPPLY ARRANGEMENTS WITH NPOWER.PERFORMANCE SINCE YEAR-END IS IN LINE WITH MANAGEMENT EXPECTATIONS.WELL POSITIONED FOR FURTHER GROWTH OVER COMING YEAR.EXPECT A 10% INCREASE IN TOTAL DIVIDEND TO 57P PER SHARE FOR FY2020.  Full Article

Telecom Plus Sees FY Adjusted Pretax Profit Towards Lower End Of Prior Guidance
Wednesday, 17 Apr 2019 

April 17 (Reuters) - Telecom Plus PLC ::TELECOM PLUS PLC - TRADING UPDATE AND NOTICE OF RESULTS.TELECOM PLUS PLC - TOTAL DIVIDEND OF 52P (2018: 50P) PER SHARE FOR YEAR (+4%).TELECOM PLUS PLC - FULL YEAR ADJUSTED PRE-TAX PROFITS ARE EXPECTED TO BE TOWARDS LOWER END OF PREVIOUS GUIDANCE AT AROUND £56M (2018: £54.3M).TELECOM PLUS PLC - RESULT REFLECTS IMPACT OF A WARM WINTER AND OFGEM PRICE CAP.TELECOM PLUS PLC -RESULTS REFLECT MODEST INITIAL LOSSES ASSOCIATED WITH OUR EXPANSION INTO RELATED BUSINESS AREAS (GLOW GREEN AND BOILER & HOME COVER.TELECOM PLUS PLC - "ENCOURAGED BY PROFIT OUTLOOK FOR CURRENT YEAR".TELECOM PLUS PLC - WE EXPECT ADJUSTED PROFITS BEFORE TAX OF BETWEEN £60M AND £65M FOR FY2020.TELECOM PLUS PLC - SEES COMMENSURATE INCREASE OF C.10% IN TOTAL DIVIDEND TO 57P PER SHARE FOR FY 2020.  Full Article

Telecom Plus H1 Revenue Up 4 Pct To 311 Million Stg
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - Telecom Plus PLC ::H1 PRETAX PROFIT ROSE 1.2 PERCENT TO 19.3 MILLION STG.H1 REVENUE ROSE 4 PERCENT TO 311 MILLION STG.HY ADJUSTED PROFIT BEFORE TAX UP 1.2 PCT TO £26.0M.INTERIM DIVIDEND INCREASED BY 4.2 PCT TO 25P PER SHARE.EXPECT ADJUSTED PROFIT BEFORE TAX FOR YEAR TO REMAIN IN RANGE PREVIOUSLY PROVIDED OF £55M-£60M.  Full Article

Telecom Plus Says FY Revenue Up 7.1 Pct To 792.9 Mln Pounds
Tuesday, 19 Jun 2018 

June 19 (Reuters) - Telecom Plus PLC ::FY PRETAX PROFIT FROM CONTINUING OPERATIONS ROSE 0.3 PERCENT TO 41 MILLION STG.FY REVENUE ROSE 7.1 PERCENT TO 792.9 MILLION STG.FINAL DIVIDEND 26 PENCEPER SHARE.TOTAL DIVIDEND 50 PENCEPER SHARE.REMAIN COMFORTABLE WITH OUR GUIDANCE RANGE FOR THIS YEAR'S ADJUSTED PRE-TAX PROFITS OF £55M-£60M.  Full Article

Telecom Plus Expects FY Adjusted Pretax Profit To Be Around 54 Mln Pounds
Thursday, 19 Apr 2018 

April 19 (Reuters) - Telecom Plus PLC ::FULL YEAR ADJUSTED PRE-TAX PROFITS FROM CONTINUING OPERATIONS ARE EXPECTED TO BE AROUND £54M (2017: £53.3M), IN LINE WITH PREVIOUS GUIDANCE.INTENDS TO PAY A TOTAL DIVIDEND PER SHARE FOR YEAR JUST ENDED OF 50P (2017: 48P).EXPECT ADJUSTED PROFITS BEFORE TAX FOR FY2019 TO BE IN RANGE OF £55M-£60M.  Full Article

Telecom Plus says H1 pretax profit from continuing operations rose 7 pct
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - TELECOM PLUS PLC ::H1 PRETAX PROFIT FROM CONTINUING OPERATIONS ROSE 7 PERCENT TO 19.1 MILLION STG.H1 REVENUE ROSE 2.6 PERCENT TO 299 MILLION STG.INTERIM DIVIDEND UP 4.3 PERCENT TO 24 PENCEPER SHARE.INTERIM DIVIDEND INCREASED BY 4.3% TO 24P PER SHARE​.  Full Article

Ex-divs to take 0.145 points off FTSE 100

LONDON, July 8 The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the effect of the resulting adjustment to prices by market-makers would take 0.145 points off the index. COMPANY (RIC) DIVIDEND STOCK OPTION IMPACT (pence) Halma 9.6