BT Group: 2% decline in Q1 adjusted sales
(CercleFinance.com) - BT Group reports adjusted sales of £5.
05bn for Q1 2024 (April-June 2024), down 2% y-o-y.
Meanwhile, adjusted EBITDA incged up 1% to £2bn.
We've made a good start to the year, with excellent growth in construction and fiber optic connections, as well as an increase in EBITDA, said Allison Kirkby, BT Group's Chief Executive.
We remain on track to achieve our financial guidance for this year with cash flow of around £2bn in 2027, followed by £3bn by the end of the decade.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
05bn for Q1 2024 (April-June 2024), down 2% y-o-y.
Meanwhile, adjusted EBITDA incged up 1% to £2bn.
We've made a good start to the year, with excellent growth in construction and fiber optic connections, as well as an increase in EBITDA, said Allison Kirkby, BT Group's Chief Executive.
We remain on track to achieve our financial guidance for this year with cash flow of around £2bn in 2027, followed by £3bn by the end of the decade.
Copyright (c) 2024 CercleFinance.com. All rights reserved.