Solid full-year to end-June 2015 results for the new Sky group. Consolidated pro-forma revenues were up 5% to £11,283m (+6% in UK, +9% in Germany, -2.5% in Italy), slightly under our forecasts, with OP in line at £1,400m (AV: £1,432m), reflecting a 140bp margin improvement on a pro-forma basis. The pro-forma operating margin was therefore at 12.3% compared with 11% pro-forma a year earlier. These results were supported by strong and impressive 973,000 new customer additions ....