BskyB Final 2011/12 Results - dividend declared

DividendMax Ltd.

BskyB Final 2011/12 Results - dividend declared

BRITISH SKY BROADCASTING GROUP PLC

Results for the twelve months ended 30 June 2012

 

Adjusted results

Reported results

Twelve months to 30 June

2012

2011

Variance

2012

2011

Variance

Revenue

£6,791m

£6,597m

+3%

£6,791m

£6,597m

+3%

EBITDA

£1,567m

£1,405m

+12%

£1,587m

£1,405m

+13%

Operating profit

£1,223m

£1,073m

+14%

£1,243m

£1,073m

+16%

Earnings per share (basic)

50.8p

41.6p

+22%

52.6p

43.5p

+21%

ANOTHER YEAR OF STRONG OPERATIONAL GROWTH AND RECORD FINANCIAL RESULTS

Record financial performance

  • Revenue up 4.5% to £6.791 billion on a like-for-like basis
  • Record adjusted operating profit of £1.223 billion, up 14% with continued margin expansion to reach 18.0%, the highest level for six years
  • Adjusted basic EPS up 22% to 50.8 pence
  • Full year dividend increased by 9% to 25.4 pence per share
  • Additional £500 million capital return to shareholders via share buy-back

Consistent and strong operational growth

  • Total products increase by 12% to reach 28.4 million
  • 10.6 million customers choose Sky, up 312,000 on the prior year
  • Strong customer loyalty with churn of 9.9% in the quarter
  • Four million customers choose Sky Broadband for great quality and value
  • Largest and fastest growing triple play customer base in Britain at 3.4 million, up 21%

Delivering the best experience for customers

  • Breadth of sports coverage continues with new rights renewals for Spanish football, British and Irish Lions rugby and Premier League
  • Our second brand, NOW TV, launched on 17 July to give millions of people easy, instant access to Sky content
  • Bringing a full suite of Sky services to Irish customers with the launch of Sky Broadband and Talk later this year
  • Extending Sky Go with eight kids' channels now available including Disney and Nickelodeon; access to 32 live channels and a broad range of on demand content
  • Free-to-air catch-up service to launch in the autumn to include BBC iPlayer, ITV Player and Demand 5; Sky Anytime+ surpasses one million homes, up 57% on last quarter

Companies mentioned