Telecom Plus shares fall as energy price cap and warm winter hit profits
The government’s energy price cap and warmer than usual weather over winter reduced energy revenue in the quarter
Company
Telecom Plus PLC
LON:TEP
Telecom Plus PLC, which owns and operates the Utility Warehouse brand, is the UK's only fully integrated provider of a wide range of competitively priced utility services, spanning both the communications and energy markets.
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Hardware & electrical equipment
Telecom Plus says dynamics of the energy market are moving in its favour
"We are on track to deliver growth in customer and service numbers that is materially up year-on-year, and expect adjusted profit before tax for the year to remain in the range previously provided of £55m-£60m," said Andrew Lindsay, the chi
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FTSE 100 closes firmly lower, joining global indices, as traders shun risk
If you are long blue-chip equities, the trend has not been your friend today
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Schadenfreude to boost full-year results from budget airline easyJet after recent misfortunes of rivals
The Day Ahead also includes updates from blue-chip contract caterer Compass Group, and second line players such as challenger bank CYBG and online electrical appliances retailer AO World
Telecom Plus shares fall as it reports ‘modest growth’ across key performance metrics
The FTSE 250-listed firm said for the year ended 31 March 2018, revenue increased 7.1% to £792.9mln from £740.2mln
Investments and investor services
FTSE 100 closes in red for second day this week as Trump trade threats turn real
The market has been seeming complacent on Trump’s tough protectionist rhetoric..until now
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Blue chip updates from Ashtead and Ferguson unlikely to detract from England World Cup post-mortem
Aside from Ashtead and Ferguson, the Day Ahead includes updates from mid cap high street retailer Footasylum and Bonmarche, plus fixed lines provider Telecom Plus
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Dixons Carphone has already had a kicking so investors will be hoping full-year numbers provide some relief
The Week Ahead also includes updates from blue chips Ashtead Group and Ferguson, plus mid-cap housebuilder Berkley Group, and the latest Bank of England interest rate decision
Investments and investor services
Elegant Hotels rejects bid approach from Melia Hotels
By the time it has confirmed press speculation, the bid approach was a dead duck
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EasyJet to report lower full year profits amid tough competition and higher costs
The day ahead includes full year results from EasyJet and a trading update from Kingfisher
TP ICAP downed by Macquarie, but Exane BNP gives Man Group a lift
A look at some of the top risers and fallers in London in afternoon trading
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Merlin Entertainments faces uncertain outlook after UK terrorist attacks as it posts trading update
A look at the day ahead including a trading update from Merlin Entertainments, full year results from Ashtead and UK inflation data
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Tesco set for strongest quarter in seven years
Week ahead: Tesco, Merlin Entertainments, Capita, Bellway,
Kingfisher trading will be in focus on Tuesday
Kingfisher Plc, Homeserve PLC, Rotork PLC and Babcock International Group PLC are all in Tuesday's agenda
Chancellor's Autumn Statement is time for fiscal re-set
The new chancellor of the exchequer gets to set out his stall
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Brokers: Mixed views on transport companies
JP Morgan Cazenove enjoyed a busy day, as brokers were mixed in their outlooks for two transport firms
Trending: Sushi and sausage rolls
Sadiq Khan bans "body shaming" ads; Greggs goes down the sushi route; Telecom Plus's numbers fail to excite; Nektan gets US boost
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Vodafone to benefit from sterling's weakness, Deutsche Bank says
DB ups earnings estimates for Vodafone to reflect sterling's weakness. Cyan's share price more than doubles but Cantor Fitzgerald sees it tripling from here.
Perk up your portfolio
A light hearted look at shareholder perks that are available. Great news for beer swilling clothes horses in need of a telephone line rental.