Yu Group (YU) Trading update summary

Financial and operational performance

• Meter points supplied grew approximately 48% year-on-year, with continued progress in energy volume supplied.

• FY25 revenues are expected to reach around £700m, up from £646m in FY24, reflecting normalised wholesale energy prices.

• EBITDA is forecasted to be in line with market expectations of £50.3m.

• Strong cash generation continues to support a progressive dividend policy.

Strategic outlook and growth plans

• Organic growth will align with normalised energy prices in the contract book.

• A strategy to increase investment in FY26 aims to drive growth and expand market share over the next three years.

• The forward contract book remains robust, supporting confidence in meeting key financial indicators in FY26.

Market positioning and innovation

• Focused on the UK SME and corporate sector, driving innovation through digital solutions and high-quality service.

• Supports businesses transitioning to lower carbon technologies with sustainable energy solutions.

• Achieved a compound annual growth rate of over 60% in the last four years, with improved margins and profitability.

• Launched Yü Smart in 2023 to capitalize on opportunities in smart metering installation.