Financial highlights:
Revenue up 9% to £267.3m (2013: £245.8m) notwithstanding unseasonably warm weather
Adjusted profit before tax up 55% to £21.3m (2013: £13.7m); statutory £15.4m (2013: £12.6m)
Adjusted earnings per share up 41% to 21.8p (2013: 15.5p); statutory 14.4p (2013: 14.3p)
Interim dividend increased by 19% to 19p per share (2013: 16p)
Operating highlights:
Continuing strong organic growth
Total services supplied up by 126,537 for the period to 2,033,697 (2013: 1,767,774)
Customer numbers up by 34,733 for the period to 565,372 (2013: 494,940)
Recommended Provider and Best Buy Awards received from Which? and Moneywise
Commenting on today's results, Andrew Lindsay, Chief Executive, said:
"I am pleased with the strong performance during the first half of the year. Our consistent organic growth means that we now supply over two million services to more than 565,000 households across the country."
"We continue to build our market share for each of the services we supply through a unique combination of personal recommendation, an integrated multi-utility proposition, and a relentless focus on looking after our customers. I am delighted with the progress we are making towards our target of supplying one million households in the medium term."
"We are confident that we will deliver record revenues, profits, and earnings per share for the current year. This is reflected in the 19% increase we are making in our interim dividend payment, and our intention to pay a total dividend of 40p for the full year."
