BRITISH SKY BROADCASTING GROUP PLC
Unaudited results for the nine months ended 31 March 2012
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|
Adjusted results |
Reported results |
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Nine months to 31 March |
2012 |
2011 |
Variance |
2012 |
2011 |
Variance |
|
Revenue |
£5,078m |
£4,833m |
+5% |
£5,078m |
£4,833m |
+5% |
|
EBITDA |
£1,161m |
£1,030m |
+13% |
£1,192m |
£992m |
+20% |
|
Operating profit |
£908m |
£790m |
+15% |
£939m |
£752m |
+25% |
|
Earnings per share (basic) |
37.8p |
30.5p |
+24% |
39.7p |
30.3p |
+31% |
CONSISTENT EXECUTION DELIVERING STRONG GROWTH
Strong financial performance
· Revenue up 5% to £5.1 billion
· Adjusted operating profit up 15% to £908 million
· Adjusted operating margin expansion of 160 bps to 17.9%
· Adjusted basic EPS up 24% to 37.8 pence
· Completed £387 million of £750 million buyback programme
Britain's favourite triple play provider
· Total quarterly net product growth of 904,000 to 27.7 million
· 78,000 net new households in the quarter to reach 10.55 million customers
· Largest base of triple play customers in Britain at 3.2 million, up 24% year-on-year
· Strongest ever quarter for home communications with 702,000 net broadband, telephony and line rental product additions
Consistently delivering the best experience for customers
· Ensuring continued excellence in sports coverage with successful launch of Sky Sports F1 HD and new long term agreements in golf and cricket
· Bringing the best HD and 3D experience of the Olympics to Sky customers
· Leading broadband service getting even better with free out-of-home WiFi and launch of fibre products
· Huge choice of on demand content extended and now available to over five million Sky TV homes
· NOW TV on track for launch in first half of calendar 2012, widening the availability of Sky content on broadband-connected devices
