Bt Share Discussion Threads

[smurfy2001] 18/5/2023 08:40

Fire this CEO useless.

[waldron] 18/5/2023 08:23

BT Group said Thursday that it expects revenue and earnings to grow in the year ahead on a pro forma basis after it reported a lower pretax profit for fiscal 2023 due to increased depreciation.

The U.K. telecommunications group said pretax profit for the year to March 31 was 1.73 billion ($2.16 billion) compared with GBP1.96 billion in fiscal 2022, citing increased depreciation from its network and special items. Analysts expected BT to report fiscal 2023 pretax profit of GBP1.92 billion, according to a company-provided consensus.

Revenue for the year declined to GBP20.68 billion from GBP20.85 billion a year before.

For the fourth quarter, BT said adjusted earnings before interest, taxes, depreciation and amortization rose 10% to GBP2.05 billion. Quarterly adjusted revenue fell to GBP5.09 billion from GBP5.17 billion, driven by drops in its consumer and enterprise segments.

This beat expectations for a quarterly adjusted Ebitda of GBP1.98 billion on adjusted revenue of GBP5.06 billion, according to consensus estimates provided by the company

In addition to pro forma growth in fiscal 2024 revenue and Ebitda, BT said it expects capital expenditure excluding spectrum of between GBP5.0 billion and GBP5.1 billion and normalized free cash flow of GBP1.0 billion to GBP1.2 billion.



Write to Adria Calatayud at [e-mail]



(END) Dow Jones Newswires

May 18, 2023 02:41 ET (06:41 GMT)

[chapchip] 18/5/2023 08:10

probably an over reaction and will recover thru the day

[dipso] 18/5/2023 07:30

Dividend unchanged at 7.7p
Final dividend 5.39p ex divi August, payable Sept 13th.

[pander45] 16/5/2023 22:39

Im out of this before Thursday. Too risky. Even good results lead to tanking prices at the minute.

[bigboyo] 16/5/2023 11:47

Hopefully this will encourage funds focusing on yields to buy !

[dipso] 16/5/2023 09:53

EARNINGS PREVIEW: BT to raise dividend despite profit and revenue slip.

BT Group PLC is anticipated to announce a higher total payout despite lower profit and revenue, according to market consensus compiled by the Financial Times.

[dipso] 16/5/2023 07:18

Full Year results this Thursday 18th May

[1224saj] 11/5/2023 14:45

We all knew the 0.25% BR was coming today, so why the panic selling on the U.K. markets today. The view is it will be the last and we should see rate coming down 4th quarter?

[1224saj] 11/5/2023 12:58

Are BT declaring divi today?

[porsche1945] 04/5/2023 11:02

Mystery how this terminal U.K. dogshxt has clawed its way back to 1.50

[trappy2] 03/5/2023 00:13

Vodafone support Openreach and Equinox 2 should help the Ofcom case hxxps://totaltele.com/building-a-full-fibre-uk-thats-fair-for-all/

[ribblewader] 02/5/2023 08:19

BT - Where next? Quite quiet quickly quelles questions!

[unastubbs] 19/4/2023 09:07

1.75 by summer!

?

[pastyman3851] 18/4/2023 16:50

Think someone's made a mistake with that trade, lucky person who bought them lol

[micky tapp] 18/4/2023 09:54

The way I see it, some of the negative is behind us, Covid over, pay dispute sorted, retail prices increased, wholesale prices nearly agreed, possible new CEO to push us forward. JMO

[calisar] 17/4/2023 16:15

No complaints here, but, no clue why the recent surge. Suggestions?

[fatmansays] 14/4/2023 09:04

Take the manacles off her…. Let her go !

[shoots101] 13/4/2023 08:13

Fingers crossed

[smurfy2001] 12/4/2023 13:35

US CPI down rally continues.