An interim dividend of 27.0p per share will be paid by Telecom Plus on 11 December 2020 to shareholders on the register at close of business on 27 November 2020. The estimated amount of this dividend to be paid is approximately £21.2m and, in accordance with IFRS accounting requirements, has not been recognised in these accounts.
Other financial highlights include:
● Revenue down 1% to £349m, primarily due to lower energy prices (2019: £353m)
● Adjusted profit before tax marginally ahead at £27.7m (2019: £27.5m)
● Statutory profit before tax up 1.8% to £21.5m (2019: £21.1m)