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Share Price Information for BT (BT.A)

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Share Price: 139.55
Bid: 139.00
Ask: 139.10
Change: 4.55 (3.37%)
Spread: 0.10 (0.072%)
Open: 135.55
High: 139.60
Low: 134.95
Prev. Close: 135.00
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BT beats profit forecasts for first quarter and confirms outlook

Thu, 28th Jul 2016 08:05

(ShareCast News) - BT got off to an encouraging start to its financial year, with profits beating market expectations helped by a healthy contribution from the continuing integration of mobile arm EE since January's acquisition.On revenue up 35% to £5.78bn in the three months to 30 June, earnings before interest, tax, depreciation and amortisation (EBITDA) rose 25% to £1.82bn, ahead of the consensus analyst estimates of £1.78bn.Adjusted pre-tax profit of £802m was up 16% on the same period last year and also beat the £729m City consensus, with earnings per share down 1% to 6.6p."We've made a good start to the year," said chief executive Gavin Patterson, "with growth in revenue and strong cash flow. We're on track to deliver our full year outlook."He said the integration of EE was "progressing well", contributing £1.2bn revenue, £281m EBITDA and £187m of free cash flow out of the £448m total.With BT's fibre broadband is available to more than 25m premises and take-up remained good, with 79% share of broadband net additions at a retail level.BT Sport, which is available to EE pay monthly customers and may be behind the record low EE churn in the quarter, renewed its FA Cup rights during the quarter and will also be showing more games from the Premier League at a much better time slot, as it kicks off in just two weeks, with exclusive coverage of the Champions League and Europa League for another season."Our investment plans remain central to our future and so we will be rolling out further fibre in the coming months, as well as 4G through the Emergency Services Network contract," Patterson said. "Our aim is to make these services as universally available as we can, whilst also deploying a new generation of ultrafast broadband."
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5 Sep 2023 11:35

BT hangs up on new copper lines on its Openreach UK network

LONDON, Sept 5 (Reuters) - Britain's BT stopped selling new voice copper telephone lines on its Openreach national network after more than a century, marking a milestone in its journey to a full fibre digital network.

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4 Sep 2023 17:04

IN BRIEF: BT to issue EUR850.0 million 4.25% notes due in 2033

BT Group PLC - London-based telecommunications provider - Will issue EUR850.0 million in notes with a 4.25% coupon due January 6, 2033. Says the notes are to be issued as part of its EUR20.00 billion medium-term note programme.

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25 Aug 2023 11:16

Director dealings: BT non-exec, Aquila Services chair buy shares

(Sharecast News) - BT Group was on the list of director purchases on Friday, after a non-executive director picked up almost $0.1m worth of shares.

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25 Aug 2023 11:15

IN BRIEF: BT non-executive director Jones buys USD100,000 in shares

BT Group PLC - London-based telecommunications provider - Non-Executive Director Maggie Chan Jones buys 70,000 shares at USD1.42, worth USD99,400, on Wednesday in New York.

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23 Aug 2023 16:50

Lapsus$ hacker targeted Uber, Revolut, Grand Theft Auto maker, London jury finds

LONDON, Aug 23 (Reuters) - A teenage member of the Lapsus$ hacking group was on Wednesday found by a London jury to have hacked Uber and fintech firm Revolut, and blackmailed the developers of best-selling videogame Grand Theft Auto.

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23 Aug 2023 13:21

Teen hacked Uber, Revolut and Grand Theft Auto maker, London jury finds

LONDON, Aug 23 (Reuters) - A teenage member of the Lapsus$ hacking group was on Wednesday found to have hacked Uber and fintech firm Revolut then blackmailed the developers of best-selling videogame Grand Theft Auto after a trial at a London court.

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3 Aug 2023 17:06

UK's FTSE 100 slips after dour earnings; BoE hikes rate as expected

BoE hikes by an expected 25-bps

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3 Aug 2023 12:17

LONDON MARKET MIDDAY: Pound under pressure after BoE hike

(Alliance News) - European equities went into Thursday afternoon on the back foot, extending losses suffered on Wednesday following a US credit rating cut from Fitch, while the pound struggled to make headway after the Bank of England raised rates by 25 basis points, as expected.

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31 Jul 2023 17:27

UK's FTSE 100 ends marginally higher, notches monthly gains

Beverages down on Heineken's outlook

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31 Jul 2023 12:06

LONDON MARKET MIDDAY: Europe rises but FTSE 100 underperforms

(Alliance News) - Stock prices in London were lower at midday on Monday, though European peers were on the rise, following favourable eurozone economic data.

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31 Jul 2023 10:59

UK's BT appoints Telia boss Kirkby as new CEO

BT board member Kirkby will take over by early 2024

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31 Jul 2023 08:56

LONDON MARKET OPEN: Stocks down; BT appoints Allison Kirkby as boss

(Alliance News) - Stock prices in London opened lower on Monday, as investors eye some key data from the eurozone due out this morning.

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31 Jul 2023 08:36

TOP NEWS: BT appoints Telia CEO Allison Kirkby to lead company

(Alliance News) - BT Group PLC on Monday named Allison Kirkby as its new chief executive officer, about three weeks after the company officially started its search for a new CEO.

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31 Jul 2023 07:48

LONDON BRIEFING: BT names Kirkby as new CEO; Pearson profit up

(Alliance News) - Stocks in London are called to start the week on the back foot, after new data showed that the Chinese manufacturing sector continued to slump in July.

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31 Jul 2023 07:45

BT Group appoints Allison Kirkby as CEO

(Sharecast News) - BT Group said on Monday that it has appointed Allison Kirkby as chief executive, succeeding Philip Jansen around the end of January 2024 at the latest.

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