119.3 million revenue delivered in H1 despite challenging economic conditions - London Business News | Londonlovesbusiness.com
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119.3 million revenue delivered in H1 despite challenging economic conditions - London Business News | Londonlovesbusiness.com
"Everflow, the UK's leading multi-service utility provider for businesses, today reports its interim unaudited revenue results of £119.3 million and gross profits of £12.5 million for the first half of 2025. The results demonstrate strong growth for the business as it continues to scale its services across the UK and diversify its service lines. This performance comes against a challenging economic backdrop, with ONS data revealing that 25% of trading businesses saw turnover decline in the first half of the year."
"Since 2015 Everflow has grown its water service-line, strengthening its position in the B2B retail market with gross profit rising 36% year-on-year. As one of the UK's largest and fastest growing water suppliers, the strong six-month performance follows Everflow's gain in market share in 2024 which saw it overtake two incumbent suppliers for the first time to become the 5 th largest water supplier."
"In 2024, Everflow launched into the Telecommunications market with a suite of flexible broadband and phone products as businesses upgrade their networks ahead of the copper switch off. This is the next phase of growth and opportunity for the business as it seeks to disrupt the telecoms sector. Craig Dallison, CEO of Everflow said: "These results demonstrate the dedication of our people a"
Everflow delivered interim unaudited H1 2025 revenue of £119.3 million and gross profits of £12.5 million, achieving growth despite 25% of trading businesses experiencing turnover decline. Growth was led by water and waste service-lines alongside continued investment in connectivity and the business' technology stack. Water gross profit rose 36% year-on-year and market share gains in 2024 made Everflow the 5 th largest water supplier. Waste gross profit more than doubled versus H1 2024, and Suzanne Mitchison was appointed Director of Waste Services to drive national expansion. Everflow also launched telecommunications products in 2024 ahead of the copper switch off.
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