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YU. Yu News Story

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Yu Group gains after it backs annual outlook despite Iran war

BUZZ-Yu Group gains after it backs annual outlook despite Iran war

** Shares of energy and utility solutions supplier Yu Group YU.L rises as much as 3.6% to £17

** Co says it is on track to deliver fiscal 2026 EBITDA, EPS and operational meter metrics in line with current market expectations, despite warmer weather and short-term impact from Iran war

** Co's H1 revenue rose 19% to about £405 million ($544.00 million), in line with management expectations

** YTD, stock is up ~12%

($1 = £0.7445)


(Reporting by Neeshita Beura in Bengaluru)

((Neeshita.Beura@thomsonreuters.com))

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