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Telecom Plus Reports 2025 Half-Year Results
Telecom Plus Reports 2025 Half-Year Results
Telecom Plus PLC, also known as Utility Warehouse (UW), announced its financial results for the first half of 2025. Revenue for the first six months ending September 30, 2025 were $981 million with a gross profit of $207 million. Adjusted pre-tax profit was $42.8 million.
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Telecom Plus Customer Acquisition from TalkTalk Shows Positive Momentum
Telecom Plus Customer Acquisition from TalkTalk Shows Positive Momentum
Telecom Plus PLC, also known as Utility Warehouse or UW, released a trading update for the 2025 financial year. Following its recent acquisition of approximately 95,000 broadband and landline customers from TalkTalk, a British telecommunications company, the company announced that it is “pleased with the results” from initial trials to upgrade and cross-sell additional services […]
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Telecom Plus Reports Financial and Operational Highlights for Year-End March 31, 2025
Telecom Plus Reports Financial and Operational Highlights for Year-End March 31, 2025
Telecom Plus, also known as Utility Warehouse or UW, announced its financial and operating highlights for the year ending March 31, 2025. Revenue for the company reached $2.4 billion, down from $2.7 billion in the previous year. Gross profit was up 0.8% year-over-year to $486 million.
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Telecom Plus Reports Half-Year Financial Results
Telecom Plus Reports Half-Year Financial Results
Telecom Plus announced its financial results for the six months ending September 30, 2024. The company is now the seventh largest energy supplier in the UK with an approximately 3% market share.
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UW Sees Record Profits Over the Last 12 Months
UW Sees Record Profits Over the Last 12 Months
Telecom Plus, trading as Utility Warehouse (UW), posted its financial results for the year ending March 31, 2024. Revenue for the company reached $2.59 billion, resulting in a record profit of $451 million, a 16% increase over the previous year. Adjusted pre-tax profit was up 21.5% year-over-year to $148.6 million. Adjusted EPS was also up 9.9% with a net debt to adjusted EBITDA ratio at 0.9x.
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Telecom Plus Reports 57% Increase in Half-Year 2023 Revenue 
Telecom Plus Reports 57% Increase in Half-Year 2023 Revenue 
Telecom Plus, trading as Utility Warehouse, released its financial results for the first six months of 2023, reporting a 57% spike in revenue over the previous year’s period to $1.1 billion. Adjusted pre-tax profit was also up 36% to $54.7 million.
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Utility Warehouse Sees Record Organic Growth in 2023 
Utility Warehouse Sees Record Organic Growth in 2023 
Utility Warehouse announced its final results for the full year, ending March 31, 2023. Revenues during this time grew to $3.1 billion, up from $1.2 billion in 2022. Adjusted pre-tax profit was up by 55% and adjusted EPS increased by 57%. 
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Utility Warehouse Supports Local Charities 
Utility Warehouse Supports Local Charities 
Utility Warehouse, through its philanthropic arm the UW Foundation, donated £18,000 to four local charities: The Lavender Touch, Borders Carers Centre, Stable Life and Borders Children’s Charity. 
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Utility Warehouse / Ranked #10 on DSN Global 100 List
Utility Warehouse / Ranked #10 on DSN Global 100 List
Utility Warehouse, which is owned by Telecom Plus (TEP), operates in the essential home services market in the United Kingdom. As the only multiservice utility provider in the country to offer customers energy, broadband, mobile and insurance, Utility Warehouse serves a growing customer base of more than 800,000 households.
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Telecom Plus Sees 51.5% Revenue Jump  
Telecom Plus Sees 51.5% Revenue Jump  
Telecom Plus PLC released its half-year results for the period ending September 30, 2022, reporting a 51.5% increase to $668 million, up from $441 million during the same period of 2021.
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Telecom Plus Profit Growth Exceeds Expectations 
Telecom Plus Profit Growth Exceeds Expectations 
Telecom Plus PLC announced an increase to its full-year profit expectations after a surge in customer growth. The company said a “record number” of UK households had joined, driving financial results and organic accelerated growth for the company overall.
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Telecom Plus Reports Record Results and Sustainable Growth Expectations 
Telecom Plus PLC announced record results for the year ending March 21, 2022, with a 12.3% increase in revenue and 10.3% increase in adjusted pre-tax profit. Adjusted EPS was also up 10.1%. 
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