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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Telecom Plus

August 2025

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • TEP
  • Price:
  • 2010p
Finals from utility services and household insurance re-seller Telecom Plus revealed pretax profit bang in the middle of the consensus range at £126.3m (+8.1%) and EPS up 9% to 119.2p. Net debt / EBITDA gearing of 0.8x beat expectations and customer numbers grew 15% to 1.164m while management reiterated it is on track to achieve two million customers in the medium term. As many as 97% UK households still use another supplier for their household services, illustrating the growth potential.  The number of services supplied rose 8% to nearly 3.4m and broker Berenberg, which sees the group at another inflexion point, expects an acceleration after the relaunch of its insurance products and from upselling additional services to the newl ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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