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Yu Group (YU) investor relations material
Yu Group H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue grew 19% year-over-year to £405m, with adjusted EBITDA up 4% to £24m and adjusted diluted EPS up 7% to 103p.
Meter points supplied increased 43% to 153,000, and aggregate contracted revenue rose 42% to £1.7bn.
Interim dividend increased 9% to 24p per share, covered 4.3x by adjusted earnings.
Strong cash position of £129m, up 9% year-over-year, supporting ongoing investment and dividend growth.
Financial highlights
Revenue: £405m (+19% YoY); Adjusted EBITDA: £24m (+4% YoY); Profit before tax: £22m (-4% YoY).
Gross margin declined to 12.6% (from 13.6%); net customer contribution margin at 9.9%.
Operating cash inflow: £38m; closing cash: £129m.
Adjusted diluted EPS: 103p (+7% YoY); statutory basic EPS: 93p (-5% YoY).
Interim dividend: 24p per share (+9% YoY).
Outlook and guidance
On track to deliver FY26 revenue, adjusted EBITDA, and EPS in line with market expectations.
Forward contract book expected to exceed £2bn by end of 2026.
Strong cash generation and disciplined balance sheet support opportunistic inorganic growth and progressive dividend policy.
- Revenue and meter growth drive progress toward 7-9% UK market share by 2028.YU
H1 2026 TU - Record revenue, profit, and cash growth driven by market share gains and digital strategy.YU
H2 2025 - FY25 revenue set to reach £700m, with 48% YoY meter growth and robust growth plans ahead.YU
Trading update - Revenue, profit, and cash all up; strong growth in smart meters and forward order book.YU
H1 2025 - Revenue and meter growth drive strong H1 2025 performance, supporting future scaling.YU
Trading Update - Record revenue, cash, and smart meter growth drive higher dividends and strong outlook.YU
H1 2024 - Revenue and meter growth drive strong cash generation and profitability outlook.YU
Trading Update - Record revenue and cash drive growth, with FY25 guidance up to £760m and higher dividends.YU
H2 2024
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