Yu Group reported a 48% organic growth in meter points in FY25E. Energy prices have stabilised meaning the negative drag that has held back reported revenue growth since 2023 has now played out. The implied YoY revenue growth rate of 5% in FY25E could accelerate this year as contracted order growth begins to match meter growth. The stock trades on am unwarranted 55% discount to the UK market and offers investors a progressive 4.3% dividend yield.
