Telecom Plus reports continued strong performance.
Telecom Plus reported sustained strong performance for the current financial year in an update on Tuesday, having highlighted robust growth in its annual results in June.
Telecom Plus
13 August 2024 09:46:06
Source: Sharecast
The FTSE 250 company, which was holding its annual general meeting, said it was confident in its ongoing success, attributing it to its multiservice customer proposition.
It said the approach, which bundles household utility services, allowed the firm to maintain a competitive edge in a “normalised and rational marketplace”.
“Our current rate of growth places us firmly on track to double the size of the business to two million customers over the medium term, whilst continuing to grow profits and shareholder returns,” said chairman Charles Wigoder.
At 0926 BST, shares in Telecom Plus were up 0.45% at 1,774p.
Halifax is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.