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Sky reports Q3 revenue growth on strong customer additions
2015-10-21 09:28:00| Telecompaper Headlines
(Telecompaper) Sky reported group revenue up 6 percent to GBP 2.79 billion in its first fiscal quarter to the end of September, compared with GBP 2.65 billion a year earlier. The company saw 7 percent revenue growth to GBP 2 billion in the UK and Ireland, and an 11 percent improvement in Germany and Austria, but a 4 percent decline in Italy. Sky benefited from strong customer demand across the group, with 134,000 new customers additions taking the total to 21.14 million. In the UK and Ireland, Sky posted GBP 2 million of sales, compared with GBP 1.87 million in the first quarter of 2014/2015. It raised its operating profit by 20 percent to GBP 358 million, versus GBP 340 million a year earlier. The company added 77,000 customers taking its subscriber base to 12.08 million at the end of September.
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Category:Telecommunications