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
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