Telecom Plus plc provided earnings guidance for the six months ended September 30, 2013 and full year of fiscal 2014. Notwithstanding the extra short-term costs associated with faster organic growth, and from starting to implement the changes associated with Ofgem's Retail Market Review, the company anticipates that half yearly report will show pre-tax profits and earnings per share that are modestly ahead of the figures for the comparable period last year.

The company remains comfortable (subject to unforeseen circumstances) with consensus market expectations, and looks forward to reporting record figures for turnover, profits, earnings and dividends for the full year in due course.

The company announced that shareholders can also look forward to an increase of over 20% in interim dividend payment to 16 pence per share, in line with previously announced intention of achieving a more equal balance between interim and final payments each year.