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Telecom Plus Sees Annual Pre-tax Profit Near Upper End Of Consensus Estimate

Telecom Plus PLC (TEP.L), a provider of utility services, Tuesday said it expects full-year profit before tax to be towards the upper end of market expectations.

The consensus estimate for adjusted profit before tax for the year is in a range of 110.1 million pounds to 116.3 million pounds.

For the year, customers grew 14.1 percent year on year on an organic basis.

The company has increased dividend for the full year to 83p per share from 80p per share last year.

Telecom Plus is expected to report its full-year results on June 18.

by RTTNews Staff Writer

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