IN BRIEF: Yu shares up as annual results to exceed market guidance
28th Nov 2022 11:40
Yu Group PLC - supplier of gas, electricity and water to businesses - Expects full-year financial results to be significantly ahead of market expectations. Says revenue, adjusted earnings before interest, tax, depreciation and amortisation and operational cashflow are expected to significantly exceed current guidance for 2022. Annual revenue is estimated at around GBP260 million, and Ebitda profitability is expected to "continue its strong trajectory" with the second half to exceed the 2.1% achieved in the first half, driven by "strong demand and the efficiencies of our digital by default transformation". Read More