Telecom Plus plc provided earnings guidance for the first half and full year of 2014. For the period, the company expects underlying cash flow remains strong, with net debt expected to increase by about £10 million over the course of the year. Profits for the first half are expected to be significantly ahead of the corresponding figures for last year.

The company remains comfortable with the guidance provided in May that profits for the full year will increase by almost 50% to £63 million.