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TEP — Telecom Plus News Story

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UK's Telecom Plus gains on customer growth, reaffirms annual profit outlook

BUZZ-UK's Telecom Plus gains on customer growth, reaffirms annual profit outlook

** Shares of household services provider Telecom Plus TEP.L up 4.6% at 863p

** Co says first-half total organic customers increased at an annualised rate of about 9.7% to about 1.32 millon

** Says monthly active partners in H1FY27 also increased 15%, and is ahead of its 10% growth target over FY27

** Reiterates FY27 guidance for adj PBT of £80 mln ($105.7 mln) to £90 mln

** Stock fell about 36.2% so far this year


($1 = 0.7567 pounds)


(Reporting by Jahanvi Kothari in Bengaluru)

((jahanvi.kothari@thomsonreuters.com))

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