Telecom Plus plc announced final dividend of 47p per share (2023: 46p) will be paid on 25 August 2024 to shareholders on the register at the close of business on 2 August 2024 and is subject to approval by shareholders at the Company's Annual General Meeting which will be held on 13 August 2024. This makes a total dividend payable for the year of 83p (2023: 80p)
Other financial highlights include:
Revenues of £2,039.1 million (2023: £2,475.2m)
● Gross profit up 16.0% to £355.2 million (2023: £306.2m)
● Adjusted pre-tax profit up 21.5% to £116.9 million, slightly above market expectations (2023: £96.2m)
● Adjusted EPS up 9.9% to 109.0p (2023: 99.2p)
● Statutory pre-tax profit up 17.6% to £100.5 million (2023: £85.5m)
● Statutory EPS up 3.8% to 89.9p (2023: 86.6p)
● Net debt to adjusted EBITDA ratio at 0.9x
