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
Warren Buffett's Berkshire Hathaway is reportedly planning its first ever European bond sale of 3 billion euros to take advantage of low interest rates in the region, traversing a path taken by a range of home companies in search of cheap funding options. The move comes as the European Central Bank's bond-buying stimulus program of 60 billion euros a month is imminent. Diary products company Prairie Farms is teaming up with Just Born, the maker of marshmallow candies PEEPS, to launch PEEPS flavored milk just in time for Easter. HKBN Ltd. has reportedly raised about $750 million after the broadband service provider priced its initial public offering at the top end of the price range. Private-equity group CVC Capital Partners, an unit of Carlyle Group L.P. (CG), Singapore's sovereign-wealth fund GIC Ltd., and other shareholders...
comments powered by Disqus
Follow RTT