BT Group PLC announce an interim dividend of 2.31p per share.
Other financial highlights include:
• Revenue £10,305m, down 3%; driven by revenue decline in Enterprise and Global, flat in Consumer, partially offset by growth in Openreach; adjusted revenue down 3%
• Adjusted EBITDA £3,748m, up 1%, with revenue decline more than offset by lower costs from their transformation programmes and tight cost management, and lower indirect commissions
• Reported profit before tax £1,009m, down 5%, primarily due to higher finance expenses partly offset by increased EBITDA
• Net cash inflow from operating activities £2,394m; normalised free cash flow £360m, down 15%, primarily due to higher cash capital expenditure and adverse working capital movements, offset by lower tax payments