Telecom Plus (TEP)

Up
Share Price:
887.00p
Market Cap:
£691.48m
Change Today:
32.00p
Sector:
Electricity Generation and Distribution

Telecom Plus guides to further profit growth after record results

By Benjamin Chiou

Date: Tuesday 24 Jun 2025

LONDON (ShareCast) - (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.
The company, which provides subscription-style essential household services in the UK, said the 20% drop in the Ofgem energy price cap during the year, which averaged £1,700, led to a fall in revenues to £1.84bn from £2.04bn.

However, adjusted pre-tax profit totalled £126.3m, up 8.1% over the previous year, with guidance of £132m-138m given for FY26.

Customer numbers increased by 15% over the year to 1.16m, including 25,000 fixed-line/broadband customers transferred from TalkTalk as part of a cross-selling transaction. Excluding the TalkTalk customers, organic customer growth came in at 12.6%, in line with guidance.

Meanwhile, service numbers increased 8.4% to 3.39m, though this rate of growth should accelerate going forwards following the recent relaunch of insurance products, Telecom Plus said.

The company proposed a final dividend of 57p, up from 47p previously, taking the full-year payout to 94p, up 13% on last year.

"Our innovative multiservice platform, together with our unique word of mouth route to market, has enabled us to deliver another set of record results," said chief executive Stuart Burnett.

"Now into our fourth consecutive year of delivering double digit percentage customer growth, we are making rapid progress towards our medium term target of supplying subscription-style essential household services to two million customers and beyond."

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Telecom Plus Market Data

Currency UK Pounds
Price 887.00p
Change Today 32.00p
52 Week High 1,892.00p
52 Week Low 710.00p
Volume 460,826
Shares Issued 77.96m
Market Cap £691.48m

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Price Trend
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
Income
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. half sector star
  5. empty sector
Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector
Price Chg 6m
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector
P/E
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
PEG
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Dividend Yield
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. full sector star
EPS Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. full sector star
Operating Margin
market
  1. full market star
  2. full market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector