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Broadband

BT revenues boosted by strong broadband growth

Monday 1 February 2016 | 09:15 CET | News

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BT reported revenues for its fiscal third quarter to December up 4 percent year-on-year to GBP 4.637 billion, led by strong growth at its consumer retail activities. Excluding the transit business, organic revenue rose 4.7 percent. Adjusted EBITDA increased 3 percent to GBP 1.613 billion, and adjusted pretax profit was up 14 percent to GBP 928 million, helped by lower interest charges. Net earnings rose 38 percent to 9.5 pence per share, including a tax credit prior to changes in the UK tax rate. Following the strong set of results, BT said it expects growth of 1-2 percent in underlying

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Categories: Fixed
Companies: BT / BT Mobile
Countries: United Kingdom
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