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BT sees giant rise in third-quarter profits
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BT sees giant rise in third-quarter profits
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4th February 2018, 19:52
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 153,541
 |  BT sees giant rise in third-quarter profits Confident about full-year outcome BT is saying that it will have a 25 percent rise in third-quarter pretax profit and is confident about its full-year outcome. Pretax profit for the quarter was 660 million pounds on revenue of 5.97 billion pounds, down 3 percent on a year earlier, and it said this morning. “Chief Executive Gavin Patterson said the outfits third quarter financial results were broadly in line with his expectations and we remain confident in our outlook for the full year. Patterson has had to balance multiple demands on BT’s cash flow - including investing in fibre networks, securing Premier League soccer rights for its TV service and plugging a hole in its pension - as well as maintaining its progressive dividend policy. https://fudzilla.com/news/45528-bt-s...uarter-profits |
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