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BT: Q3 revenues down 5%

( - BT Group has announced Q3 revenues of 5.
47 billion pounds, down 5% y-o-y.

Adjusted EBITDA was also down 5% to 1.88 billion pounds.

"We delivered results in line with our expectations for the third quarter and remain on track to deliver our 2020/21 outlook despite even greater Covid-19 restrictions than previously forecast," said Philip Jansen, CEO.

For the following fiscal year (2022/2023), BT Group says that it is targeting EBITDA of at least 7.9 billion pounds.

The share is down just over 0.5% in a flat market in London.

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