BT Group Nine-Month Revenue, Pretax Profit Fell
03 Fevereiro 2022 - 4:52AM
Dow Jones News
By Kyle Morris
BT Group PLC said Thursday that nine-month revenue and pretax
profit fell as it experienced a delayed Covid-19 recovery and
supply-chain issues.
The U.K. telecommunications company said revenue for the period
to Dec. 31 was 15.68 billion pounds ($21.28 billion) compared with
GBP16.06 billion a year earlier.
Pretax profit for the nine months was GBP1.54 billion compared
with GBP1.59 billion a year earlier.
BT now expects adjusted revenue for fiscal 2022 to decline by
around 2% on year, as a result of the continuing effect of the
pandemic and supply-chain issues. All other outlook metrics remain
unchanged, it said.
"BT has had a good quarter with encouraging market share
performance, and we continued to make significant improvements in
customer service, although revenue from our enterprise divisions
was softer than we expected," Chief Executive Philip Jansen
said.
Write to Kyle Morris at kyle.morris@dowjones.com
(END) Dow Jones Newswires
February 03, 2022 02:37 ET (07:37 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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