Updates

Telecom Plus

June 2014

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

These were the first full year results following the reworking of Telecom Plus supply agreement with Npower last December. The deal meant that the business now delivers an additional £22m of incremental gross profit before costs. Consequently, it has helped lift pretax profit by 25% to £44.6m and eps by 27% to 47.3p. The dividend is increased by 13% to 35p. Although there was lower average energy consumption by domestic households during the exceptionally mild winter, the strong growth was driven by a combination of more distributors (to a record high of 44,000); expanding customer base (69,000 new additions to take the total to 530,000); lower bad debts and reduced churn (0.8% of customers now leave each month, a record low). It ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Tribal

EKF Diagnostics

Telecom Plus - Guiding at 30-40,000 new customers this year (July 2015)

Telecom Plus (May 2015)

Telecom Plus (December 2014)

Telecom Plus - Record rise in customer numbers (March 2014)

Telecom Plus - Gains £3.50 on the month (December 2013)

Telecom Plus - Customer growth accelerates (November 2013)

Telecom Plus - Npower ratchet set to transform margins (June 2013)

Telecom Plus (December 2012)

Telecom Plus - Significant increase in dividend (November 2012)

Telecom Plus - A solid rock in the portfolio (June 2012)

Telecom Plus - Trading "marginally ahead" (March 2012)

Telecom Plus - Mercuriel rise continues (December 2011)

Telecom Plus - Contender for FTSE-250 inclusion (June 2011)

Telecom Plus - Strong organic growth continues (March 2011)

Telecom Plus - To launch Sky-broadband-plus utility service (December 2010)

Telecom Plus - Growth in higher quality lower churn customers should lift margins (November 2010)

Telecom Plus - Watch the cash pile grow this year (September 2010)

Telecom Plus (June 2009)

Telecom Plus - New customers 28% over broker forecast (March 2009)

Telecom Plus - Shares close to 52 week high (December 2008)

Telecom Plus - Beating expectations (October 2008)

Telecom Plus (August 2008)

Telecom Plus (June 2008)

Telecom Plus - Q4 well ahead of Q3 (April 2008)

Telecom Plus - Benefits from inbound sales team and higher energy prices (March 2008)

Telecom Plus - Massive upgrade to forecasts (January 2008)

Telecom Plus - Persistent buyer in the market (September 2007)

Telecom Plus - Results 13 December (November 2006)

Telecom Plus - Squarely in the SME market (July 2002)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X