BT Group (LON:BT.A – Get Free Report) announced its quarterly earnings results on Thursday. The communications services company reported GBX 18.30 earnings per share (EPS) for the quarter, Digital Look Earnings reports. BT Group had a return on equity of 6.33% and a net margin of 4.11%.The company had revenue of GBX 1,965.40 billion for the quarter.
Here are the key takeaways from BT Group’s conference call:
- BT met its guidance for FY2026, with adjusted EBITDA of £8.23 billion and normalized free cash flow of £1.5 billion, while reaffirming its FY2027 target of £2 billion and its FY2030 target of £3 billion.
- Openreach delivered record results, passing 23 million premises, connecting a record 2.2 million customers, and reaching a 39% fibre take-up rate as BT nears its 25 million build target by year-end.
- BT said its transformation program is ahead of plan, generating £1.5 billion of cumulative savings over two years, and it extended the program through FY2030 to deliver £3.7 billion of gross savings.
- The company raised its dividend 2% to 8.32p per share and said future dividends should grow by low- to mid-single digits annually until it reaches credit metrics consistent with a BBB+ rating.
- Management guided FY2027 revenue to £19.0 billion-£19.5 billion and said voice-related declines from the PSTN shutdown will remain a headwind, even as underlying U.K. service revenue trends improve.
BT Group Stock Up 3.3%
Shares of LON:BT.A opened at GBX 226.72 on Friday. BT Group has a 1 year low of GBX 171.50 and a 1 year high of GBX 242.09. The company has a market cap of £22.08 billion, a PE ratio of 23.62, a P/E/G ratio of 0.38 and a beta of 0.69. The company has a debt-to-equity ratio of 187.58, a current ratio of 0.89 and a quick ratio of 0.83. The stock’s 50-day moving average is GBX 218.46 and its 200 day moving average is GBX 199.16.
BT Group Company Profile
BT Group is the UK’s leading provider of fixed and mobile telecommunications and related secure digital products, solutions and services. We also provide managed telecommunications, security and network and IT infrastructure services to customers across 180 countries.
BT Group consists of three customer-facing units: Consumer serves individuals and families in the UK; Business* covers companies and public services in the UK and internationally; Openreach is an independently governed, wholly owned subsidiary wholesaling fixed access infrastructure services to its customers – over 650 communication providers across the UK.
British Telecommunications plc is a wholly owned subsidiary of BT Group plc and encompasses virtually all businesses and assets of the BT Group.
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