Telecom Plus Reports Growth Amid Revenue Drop

Telecom Plus (GB:TEP) has released an update.

Telecom Plus PLC, operating as Utility Warehouse, reported a slight increase in gross profit and a significant rise in adjusted EPS despite a drop in revenue due to lower energy prices. The company’s customer base grew by over 13%, and they launched new broadband and EV charging products, bolstering their market position. With a focus on dividend growth and continued customer expansion, Telecom Plus remains optimistic about reaching 2 million customers.

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