Utility services group Telecom Plus said it is confident of meeting forecasts with its annual results after a strong final quarter ended March 31st.
The company said that despite reduced levels of energy consumption by customers during an exceptionally warm winter, profitability for the year remains in line with consensus estimates.
Ahead of its full-year results due May 21st, analysts have pencilled in a pre-tax profit of around £42m, up from £34.6m previously.
Telecom Plus still expects to recommend a final dividend of 19p per share, taking the total payout for the year to 35p, up from 31p the year before.
Since launching a new bundled tariff structure in November, the proportion of new members taking all five of its core services - gas, electricity, landline, broadband and mobile - has "increased significantly" to more than 20%. Meanwhile, the proportion taking mobile services has risen to above 35%.
"These encouraging metrics support our continuing focus on improving customer quality and reducing churn," the company said.
The group also said it has seen an "extremely positive initial reaction" to the new package of marketing tools, designed to help distributors build their businesses more effectively. These included a new customer film, a simplified online application and a new app.
This has resulted in a record number of new distributors, which should have a positive impact on customer growth over the coming year.
"The recent significant increase in the number of distributors joining the business, combined with the new tools we have just introduced, have the potential to materially accelerate our current growth rate and substantially increase our market share over the next few years," said Chief Executive Andrew Lindsay.
Independent oil and gas development and production company Ruspetro failed to impress with its full-year results, which reported a three per cent increase in average production but a four per cent decline in proven reserves.
Production in the year averaged 4,797 barrels of oil equivalent per day (boepd), compared to average production in 2012 of 4,639 boepd, resulting from successful drilling activity and the implementation of water-flooding to reduce well decline rates.
In 2013, only three wells were drilled and these were completed in the first quarter.
Significantly, fourth quarter 2013 production averaged 4,010 boepd, a decline of 31.5% compared to a 5,856 boepd average in the fourth quarter of 2012, due to reduced condensate production from its Palayanovo licence.
Revenue for the year rose from £76.23m to £79.85m, but losses widened significantly from £27.28m to £74.24m, hit by higher finance costs and other expenses.
Chief Executive Officer, John Conlin, said: "2013 has been a necessary year of reassessment for Ruspetro. During this period we have successfully restructured our debt, raised non-dilutive financing, strengthened our leadership and technical teams, and are therefore in a position to restart development drilling.
"Building on our technical partnership with Schlumberger, and the positive effect of the Federal MET relief on our production economics, we are confident that Ruspetro is well positioned for the future."