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Keep an eye on these utility challengers

One small cap has increased its share price 20-fold since Covid struck
March 26, 2024
  • Compelling customer offer
  • Shadow of bad debt 

“The problem with unbelievable growth is that the market does not believe it.” So said analysts at Liberum in response to Yu Group’s (YU.) interim results last year. In its full-year results, released last week, the company once again reported huge leaps. Sales climbed 65 per cent and adjusted profits jumped from £7.9mn to £42.6mn. 

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