Telecom Plus (GB:TEP) has released an update.
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Telecom Plus PLC, trading as Utility Warehouse, has reported a triumphant financial year ending March 31, 2024, with record revenues, profits, and dividends, signaling robust customer growth. The company saw a 21.5% increase in adjusted pre-tax profits, surpassing market expectations, and achieved a milestone of over 1 million customers. Their confident outlook is supported by a strong customer growth rate and an enhanced multiservice offering, positioning them to potentially double their customer base in the medium term.
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