Bt Share Discussion Threads

[netcurtains] 02/2/2023 12:23

Close those shorts!

LOL

[livewireplus] 02/2/2023 11:46

"This CEO is worse than the previous one!".... unfortunately I think that applies to lots of companies nowadays ....

[smurfy2001] 02/2/2023 11:07

Very disappointing results.

This CEO is worse than the previous one!

[diku] 02/2/2023 10:08

Post 44298 and 44299...exactly...Pharmas AZN and Miners making new highs and Telcos at multi year lows or close to all time lows...markets/shares in loopy mode disconnection...

[mjk99] 02/2/2023 09:42

Excellent set of results £1.50 target for next 3-4 weeks GLA

[1224saj] 02/2/2023 09:33

Drops 3% then up 4% how can any PI have any chance of understanding this crazy mkt. shame I missed the drop

[reviewwworld] 02/2/2023 09:28

What a bizarre open.

[diku] 02/2/2023 08:54

Wasn't he Centrica man? ...


Iain Conn will step down from the Board as a non-executive director at the conclusion of the 2023 Annual General Meeting in July after serving on the Board for 9 years, Ruth will succeed Iain as Senior Independent Director.

[diku] 02/2/2023 08:52

All these ideas they come up are just re arranging of deck chairs...another wool pull over buy time...

[careful] 02/2/2023 08:41

Did they make a loss on a disposal?

The stated reason for reduced profit was increased depreciation.
a great trick, it costs nothing, non cash, yet reduces tax liability.

I wish I could depreciate my house value on my books to reduce tax.
bring it on.

[netcurtains] 02/2/2023 08:31

When ever my take home pay rises loads due to paying less tax or a pay rise it does not matter - bottom line is I have loads more money.

This is also true with BT. Massive rise in profits.

[fhmktg] 02/2/2023 08:26

Investment tax relief?

[netcurtains] 02/2/2023 08:22

All true but the profit after tax ROSE by about 50% - Why are they paying so much less tax?

[adrian j boris] 02/2/2023 08:19

BT Group PLC said Thursday that nine-month pretax profit fell due to increased depreciation that offset earnings before interest, taxes, depreciation and amortization growth.

The U.K. telecommunications company said revenue for the period to Dec. 31 was 15.59 billion pounds ($19.29 billion) compared with GBP15.68 billion a year earlier as the BT Sport disposal offset service revenue growth.

Pretax profit for the nine months was GBP1.31 billion compared with GBP1.54 billion a year prior.

BT backed its financial guidance for the year. According to company-provided consensus, the company is expected to make revenue of GBP20.53 billion and Ebitda of GBP7.91 billion for fiscal 2023.

It also said it will undertake the merger of Enterprise and Global to create BT Business, to enhance value for B2B customers and help deliver synergies as part of its GBP3 billion cost-saving target.



Write to Kyle Morris at [e-mail]



(END) Dow Jones Newswires

February 02, 2023 02:34 ET (07:34 GMT)

[dipso] 02/2/2023 08:14

In the report they refer to the disposal of BT Sport
I thought it was a merger.
Anyone know the details

[dope007] 02/2/2023 08:06

Added a few. Looks ok to me

[dipso] 02/2/2023 08:04

Oops wrong way 5p down

[netcurtains] 02/2/2023 07:58

That is a huge rise in profits - AFTER tax.

[dipso] 02/2/2023 07:26

Good results
5p rise in share price my prediction

[diku] 01/2/2023 18:27

VOD activist shareholder bought stake and recently sold out...

[wendsworth] 01/2/2023 16:39

diku : Jansen still owns 5.3m shares...so I don't 'share' (pardon the pun!)your concerns. As for Draghi .....words fail me !!

[diku] 01/2/2023 14:42

When contract comes to an end nearer the time tell them you are leaving and they will give you a better price...

[livewireplus] 01/2/2023 14:41

Indeed .... not a good sign when companies get in to the mindset of how much can we screw out of customers .... but at least if you have an existing service they usually sought out problems fairly rapidly and their hands-on engineers know what they are doing ....

[builder bob] 01/2/2023 14:31

As a customer of BT owned EE,I am sure I am not the only one appalled by their announcement that they are increasing the mobile tariff by a staggering 14.4% from March 31st this year, made up of 10.5% inflation measured in line with the CPI at 18th January plus an additional 3.9% as set out in my terms and conditions.
I wonder how soon they will reduce the price when inflation falls.
Not a brilliant way to attract new customers or reward loyalty

[builder bob] 01/2/2023 14:25

As a customer of BT owned EE,I am sure I am not the only one appalled by their announcement that they are increasing the mobile tariff by a staggering 14.4% from March 31st this year, made up of 10.5% inflation measured in line with the CPI at 18th January plus an additional 3.9% as set out in my terms and conditions.
I wonder how soon they will reduce the price when inflation falls.