Telecom Plus plc provided earnings guidance for the half year ended September 30, 2014 and full year of 2014. For the period, the company expects adjusted pre-tax profit and earnings per share that are significantly ahead of the figures for the comparable period last year, leaving the Board comfortable (subject to unforeseen circumstances) with full year market expectations that adjusted pre-tax profit will increase by almost 50% to £63 million. Cash generation during the period has remained strong.

For the full year, net debt is expected to increase by about £10 million in line with previous guidance as they complete the £20 million refurbishment of new headquarters office building.