Q3 sales at end December were down by 3% yoy (they were down by 1% in Q2) with still a good performance by EE (+4%) but a continued sharp revenue decrease of 10% in Global Services. With no surprise, Q3 EBITDA was down by 2% yoy (vs -4% in Q2 and -2% in Q1). Note EE’s EBITDA was down 6% (but still up by 10% for the first 9m), due to higher customer investment costs in the quarter, following the launch of new, premium smartphones and watches. The cautious outlook given by the group nine
02 Feb 2018
A fall in the stock which has lasted...for two years
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A fall in the stock which has lasted...for two years
BT Group plc (BT.A:LON) | 107 -0.9 (-0.8%) | Mkt Cap: 10,688m
- Published:
02 Feb 2018 -
Author:
Jean-Michel Salvador - Pages:
Q3 sales at end December were down by 3% yoy (they were down by 1% in Q2) with still a good performance by EE (+4%) but a continued sharp revenue decrease of 10% in Global Services. With no surprise, Q3 EBITDA was down by 2% yoy (vs -4% in Q2 and -2% in Q1). Note EE’s EBITDA was down 6% (but still up by 10% for the first 9m), due to higher customer investment costs in the quarter, following the launch of new, premium smartphones and watches. The cautious outlook given by the group nine