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BT.A Bt Group Plc

107.00
-1.15 (-1.06%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bt Group Plc LSE:BT.A London Ordinary Share GB0030913577 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.15 -1.06% 107.00 107.35 107.45 109.40 106.65 108.80 25,713,855 16:35:04
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Phone Comm Ex Radiotelephone 20.92B 1.91B 0.1916 5.61 10.68B

BT Group 3Q Adjusted Earnings, Revenue Fall But Exceed Views

04/02/2021 7:45am

Dow Jones News


Bt (LSE:BT.A)
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By Adria Calatayud

 

BT Group PLC said Thursday that third-quarter adjusted earnings and revenue both fell but came in slightly ahead of consensus expectations and reiterated its earnings guidance for the full year.

The U.K. telecommunications company said adjusted earnings before interest, taxes, depreciation and amortization for the quarter to Dec. 31 were 1.88 billion pounds ($2.57 billion) compared with GBP1.98 billion for the same period last year. Adjusted revenue was GBP5.48 billion, down 5.2% on year.

Analysts expected quarterly adjusted Ebitda of GBP1.85 billion on revenue of GBP5.46 billion, according to consensus forecasts provided by the company.

BT's pretax profit for the first nine months of fiscal 2021 fell 16% to GBP1.59 billion.

The company said it continues to expect adjusted Ebitda for the full year to be between GBP7.3 billion and GBP7.5 billion, and raised the lower end of its normalized free cash-flow guidance range to GBP1.3 billion from GBP1.2 billion.

BT now expects fiscal 2021 normalized free cash flow to be between GBP1.3 billion and GBP1.5 billion.

 

Write to Adria Calatayud at adria.calatayud@dowjones.com

 

(END) Dow Jones Newswires

February 04, 2021 02:30 ET (07:30 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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