BT’s Q2 operational performance was pretty decent and similar to that of the Q1 with revenues up by 1% yoy and EBITDA up by 3% yoy.
But pay attention to BT’s pension assets. The group has decided to input a 5.35% discount rate to somehow hide its massive pension fund deficit and to shift in time the contributions it will have to make to balance its pension accounts when inflation returns to a more normal lower level.
03 Nov 2022
Pay attention to BT's future contributions to its pension assets
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Pay attention to BT's future contributions to its pension assets
BT Group plc (BT.A:LON) | 104 -0.5 (-0.5%) | Mkt Cap: 10,370m
- Published:
03 Nov 2022 -
Author:
Jean-Michel Salvador -
Pages:
3
BT’s Q2 operational performance was pretty decent and similar to that of the Q1 with revenues up by 1% yoy and EBITDA up by 3% yoy.
But pay attention to BT’s pension assets. The group has decided to input a 5.35% discount rate to somehow hide its massive pension fund deficit and to shift in time the contributions it will have to make to balance its pension accounts when inflation returns to a more normal lower level.