LONDON (dpa-AFX) - BT Group plc (BT_A.L), a telecommunications and broadband provider, on Thursday reported lower first-half pre-tax earnings mainly due to higher finance costs.
Profit before tax declined to £505 million from £526 million in the prior-year period as net finance expense rose to £318 million from £294 million.
Adjusted EBITDA decreased to £2.013 billion from £2.029 billion a year earlier.
Adjusted revenue edged down to £4.322 billion in the six months ended June 30, 2026, from £4.337 billion a year earlier.
Adjusted UK service revenue decreased to £3.843 billion from £3.863 billion, while equipment revenue rose to £479 million from £474 million.
The company also reiterated its Fiscal 2027 Outlook.
On the LSE, BT Group shares closed up 1.79% at 195.80 on Wednesday.
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