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TEP Telecom Plus News Story

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Brief: Telecom Plus Expects Adjusted Fy27 Pbt Of £80 Million-£90 Million

BRIEF-Telecom Plus Expects Adjusted Fy27 Pbt Of £80 Million-£90 Million

- Telecom Plus PLC TEP.L:

  • LAUNCHES FIVE-YEAR PLAN TO DOUBLE MULTISERVICE CUSTOMERS BY FY31

  • PLAN REQUIRES ABOUT £55 MILLION PER ANNUM OF PL INVESTMENT

  • TARGETS FY31 ADJUSTED PBT OF ABOUT £175 MILLION

  • TO RETURN AT LEAST 80% OF ADJUSTED PROFIT AFTER TAX TO SHAREHOLDERS IN FY27

  • EXPECTS ADJUSTED FY27 PBT OF £80 MILLION-£90 MILLION

  • TARGETS FY31 SHAREHOLDER DISTRIBUTIONS OF ABOUT £100 MILLION


((Reuters.Briefs@thomsonreuters.com;;))

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