Yu group shares soared on the London Stock Exchange yesterday, after the energy firm announced it expects to be "substantially ahead of current market expectations" at its half-year results in July later this year. This follows the firm ramping up bookings for new customers, which has raised revenues, margins and cashflow.

The independent supplier of gas and electricity to UK businesses was up 26 per cent on the FTSE AIM All-Share yesterday, trading at 580p per share.

Yu Group has confirmed strong trading momentum, with performance indicators of revenue, profitability and cash generation all showing strong growth.

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