image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

SIGN UP NOW
Updates

Utilitywise - Record new customer growth in March

June 2015

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • UTW
  • Price:
  • 243p
Utilitywise, a leading utility energy consultancy, which procures preferential rates from all the major energy suppliers on behalf of companies, produced strong interims with revenues, pretax profit and eps rising 42%, 49% and 41% respectively to £29.9m, £7.3m and 7.2p.Within its enterprise division, which services SMEs, gross profit rose 51% to £10.6m, while the smaller corporates (larger companies) side increased profits 43% to £2.9m.Helped by a successful move to a larger headquarters last November the number of fee earning consultants (a proxy for future growth) rose 29% to 449 while total customers increased 23% to 22,048. However, most of these were recruited towards the end of the period, which ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

Utilitywise - Improved cashflow profile (December 2015)
Utilitywise - Utility energy consultancy on track to nearly double eps by 2016 (December 2014)
Utilitywise - Energy consultancy forecast to increase eps from 8.7p to 18p by 2015 (April 2014)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X