logo
Share SHARE
FONT-SIZE Plus   Neg

BSkyB H1 Profit Up - Quick Facts

British Sky Broadcasting Group Plc's (BSYBY.PK, BSY.L) first-half pre-tax profit grew to 597 million pounds from last year's 467 million pounds, with adjusted pre-tax profit improving to 564 million pounds from 477 million pounds a year ago. Profit for the period amounted to 441 million pounds, higher than 407 million pounds, and adjusted profit rose to 418 million pounds from 348 million pounds in the prior year.

Six-month earnings per share were 25.2 pence, higher than year ago's 23.2 pence, and on an adjusted basis, earnings per share from continuing operations advanced to 23.8 pence from 19.8 pence a year earlier.

Group revenue for the half year increased by 6% to 3.36 billion pounds from 3.19 billion pounds, with broadly based growth in both retail and wholesale operations offsetting headwinds in advertising and Sky business.

Additionally, the board has declared an interim dividend of 9.2 pence per share, up 5% year on year, making this the eighth consecutive year of increased dividends for shareholders.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Internet access is growing worldwide, but there is still a long way to go before the entire world is completely wired, a study from the Pew Research Center has found. The study also noted that men have greater access to the Internet than women in many nations. Backtracking on its early announcements on digital privacy, WhatsApp is planning to share member information, phone numbers and analytical data with Facebook, to make revenue from the platform. Discount retailers Dollar Tree Inc. and Dollar General Corp. both reported results for the second quarter that missed analysts' expectations. Looking ahead, Dollar Tree also forecast revenue for the third quarter below analysts' estimates and lowered its full-year revenue outlook. Shares of both companies are falling in pre-market activity.
comments powered by Disqus
Follow RTT