Utility Warehouse / Telecom
plus News
These Utility Warehouse / Telecom
plus news pages feature the latest Utility Warehouse news and press
items, along with a distributor perspective on the ongoing development of the
Telecom plus (Utility Warehouse) business. Should you wish to know more
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 How fantastic to open your Sunday paper to find yet another glowing article about Telecom plus! Pre-tax profits up 55% to £9.8 million...dividend up from 4p to 5p...net cash of £29 million...brokers suggesting that profits will rise almost 40% to £23.5 million this financial year and that customer numbers are expected to double by 2010...and all this at a time when the economy is challenged by one of the deepest recessions that the country has ever seen! This article also references a Company sponsored customer satisfaction survey where 94% of Utility Warehouse customers surveyed said they would recommend the Company and it's services. And the icing on the cake - share prices up 14% from £3.15 to £3.59 at a time when very little on the stock market is showing positive growth. Labels: press-articles
posted by Jeremy Tromans at 11/30/2008 11:05:00 AM
 
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 In the last month the Utility Warehouse has welcomed over 1,000 new Distributors and well in excess of 10,000 new customers. Head Office has a real buzz of excitement, with sixty new staff and preparations well underway for the Company's move to their new offices in May of next year. Month after month, records are being exceeded and the expectation is that the Company will double in size two or three times in just a few short years. This will take Telecom plus to a £1b+ turnover - a short step from FTSE100 status and well within reach of being an established household brand, yet at that stage, still less than a 4% market share. There have never been better economic circumstances and at a time when the papers are filled with ongoing news of financial ruin, there has never been a more favorable time to build a Utility Warehouse business. These are not times for half measures and what's really exciting, is that two thirds of the distributors, required to take Telecom plus to a £1b turnover, have yet to even see the business! How many will join your team? On a personal level, things have never been more buoyant and I have never felt more excited about my Utility Warehouse business than I do today. The genie is just about to exceed 500 distributors, November group customers are already up by 10%, yesterdays commission statement took by breath away, we are just about to order our second BMW Mini, the new business building bonus starts in January and...some folk still say: "that won't work". Well, the jury is already in on that score - it does work, it gets better every day and freedom giving fortunes will be made over the next few years. Labels: distributor-opinion
posted by Jeremy Tromans at 11/21/2008 08:42:00 AM
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