An investment Case Yü can believe in
Yü Group PLC (AIM: YU.) is shaking up the UK’s corporate energy market. As a leading supplier of gas, electricity, and water to businesses, Yü Group also installs and maintains smart meters and EV charging solutions. The company operates through three key divisions:
- Yü Retail – Supplying energy and water to business customers
- Yü Smart – Installing and maintaining smart meters and EV charging solutions
- Metering Assets – Owning and renting smart meters for long-term recurring revenue
By combining energy supply with smart technology, Yü Group isn’t just providing power—it’s creating sustainable growth in a £50 billion market.
1. Strong Financial Performance
Yü Group had another stellar year in 2024, delivering impressive financial results:
- Revenue soared 40% to £645.5 million, fuelled by a 78% surge in delivered energy volume
- Adjusted EBITDA grew 11% to £48.8 million, showcasing operational efficiency
- Profit before tax climbed 12% to £44.5 million
- Earnings per share (fully diluted) up 11% to 210p
- Net cash more than doubled to £80.2 million, strengthening financial stability
- Dividends up 50%, now 60p per share, reflecting Yü’s commitment to rewarding investors
📖 Read the full 2024 Annual Report
2. Expanding Market Presence
Yü Group is rapidly growing its share in the UK corporate energy sector:
- Market share jumped from 1.4% to 2.7%, solidifying its position as a high-growth challenger
- 65% increase in supplied meter points, now at 88,000, highlighting strong customer acquisition
- Major investment in smart metering, with 22,900 installations in 2024 (up from 8,500 in 2023)
- Strategic partnership with Shell Energy Europe, enhancing commodity hedging and freeing up capital for expansion
3. Future Growth & Ambitions
Yü Group is set for continued strong performance in 2025 and beyond:
- Contracted revenue for FY25 already at £566 million, providing a solid growth foundation
- Targeting over 120,000 supplied meter points and 60,000 smart meter assets owned by year-end
- Projected revenue of £730-£760 million for FY25, despite lower energy prices
- Ongoing digital transformation, driving efficiency and scalability
Risks to Consider
While Yü Group has demonstrated strong financial growth, a portion of its income is tied to energy prices in the UK. If energy prices fall in 2025, it could impact revenue growth and profit margins, even as the company continues to expand its customer base. However, Yü Group’s strategic approach—such as hedging agreements with Shell Energy Europe, investment in smart metering, and a focus on operational efficiency—helps mitigate these risks. By diversifying its revenue streams and enhancing long-term recurring income through smart meter rentals, Yü Group is well-positioned to navigate potential fluctuations in the energy market.
Conclusion
Yü Group is a compelling investment choice, offering:

- Consistent growth – Six consecutive years of profit expansion
- Strong cash flow – Enabling reinvestment and shareholder returns
- Scalability – A business model designed for significant market opportunity
- Experienced leadership – A clear vision for long-term success
