BT Group plc (BT-A.L, BT) said its second-quarter profit before tax dropped to £275 million from £494 million a year earlier. Profit for the period was £428 million, compared with £378 million a year ago.
Earnings per share for the latest quarter grew to 5.4 pence from 4.9 pence, while earnings per share before special items decreased to 3.6 pence from 5.2 pence in the prior year.
Total revenue for the quarter declined to £5.07 billion from £5.303 billion in the previous year.
The Board declared an interim dividend of 2.3 pence per share, which will be paid on 8 February, to shareholders on the register on 29 December 2009.
Looking ahead, BT Group now expects full-year revenue to decline 3%-4%, compared to prior outlook of 4%-5% decline.
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