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Telecom Plus Says FY Pretax Profit Rose 4.9% To 43 Mln Stg
Telecom Plus Sees FY Adjusted Pretax Profit Towards Lower End Of Prior Guidance
Telecom Plus H1 Revenue Up 4 Pct To 311 Million Stg
Telecom Plus PLC is engaged in providing landline telephony (calls and line rental), broadband, mobile, gas, electricity and CashBack card services. The Company's segments include Customer Acquisition and Customer Management. The Customer Acquisition segment includes the sale of marketing materials, and sale of equipment, such as mobile phone handsets and wireless Internet routers. The Customer Management segment is involved in the supply of fixed telephony, mobile telephony, gas, electricity and Internet services to residential and small business customers. CashBack card allows its members to earn cash back on shopping and bill payments. Its subsidiaries include Telecommunications Management Limited, which supplies fixed wire and mobile telecommunication services to business and public sector customers, and Electricity Plus Supply Limited and Gas Plus Supply Limited, which hold the licenses for the supply of energy services to residential and business customers in the United Kingdom.
333 Edgware Road
Executive Chairman of the Board
Chief Executive Officer, Executive Director
Julian D. Schild
Deputy Chairman and Senior Non-Executive Independent Director
Chief Financial Officer, Executive Director
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Multi-utility supplier Telecom Plus Plc reported higher annual profit on Tuesday as more customers continued to choose its services despite a price cap put in place by Britain's energy regulator.
Multi-utility supplier Telecom Plus Plc reported higher annual profit on Tuesday as more customers continued to chose its services despite a price cap put in place by Britain's energy regulator.
Telecom Plus Plc on Wednesday warned that full-year profit would lower-than-expected, after revenue in the fourth quarter was hurt from a price cap put in place by Britain's energy regulator and higher acquisition costs.
British multi-utility supplier Telecom Plus Plc on Wednesday warned that profit for full-year 2019 would be lower-than-expected, citing a drop in revenue in the fourth quarter because of a price cap by the country's energy regulator and expansion-related losses.
* FY pretax profit from continuing operations rose 16.5 percent to 40.9 million stg
* Customer and service numbers for full year show further modest growth
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.