Telecom Plus offloads two non-core businesses
Telecom Plus
1,800.00p
16:35 26/11/24
2.16%
38.00p
Utility services group Telecom Plus said it had sold two non-core business as it refocuses operations.
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The company on Friday offloaded its wholly-owned meter operator, UW Home Services its 75%-owned boiler installation business, comprising Glow Green Ltd and Cofield Ltd.
Neither disposal is expected to have a significant impact on group profits in 2022 or on an ongoing basis, it added.