AdEPT Telecom plc has been shortlisted for Telecom Share of the Year at the UK Stock Market Awards. Ian Fishwick, Chief Executive said, “It is a great honour to be nominated alongside such industry giants as BT and Vodafone and shows just how far we have come as a business.
We doubled our share price in 2012, and then doubled it again in 2013. In an era of low interest rates, investors are clearly looking for companies with dividend growth, consistent and predictable profits, and high cash generation. Changes in technology and products are a constant in our industry, and often dominate our conversations, however we must never lose sight of the primary objective: we are here to make money for our shareholders.
We’d like to say a huge thank you to our investors, customers, suppliers and staff who together made this possible.”
Fishwick continued, “It was interesting to see that the Fixed Line Telecoms sector saw the 2nd highest growth in share prices in 2013 (up 58.5%), only beaten by the Leisure Goods sector (up 89.3%). This is in marked contrast to 2009 when the Fixed Line Telecoms sector was in 36th position.” SOURCE: Shares Magazine