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Pay-TV giant BSkyB reports 7% increase in net profits

Agence France-PresseMay 2, 2013 05:30

British pay-TV firm BSkyB said Thursday that net profits rose seven percent in the first nine months of the group's financial year on the back of rising subscriber revenues, and despite the difficult economic climate. Earnings after taxation increased to £736 million ($1.15 billion, 868 million euros) in the nine months to the end of March, compared with £689 million in the same part of its previous fiscal year. Group revenues advanced six percent to £5.381 billion.

Pay-TV giant BSkyB reports 10% rise in first-half profits

Agence France-PresseJanuary 31, 2013 21:00

British pay-TV giant BSkyB said on Thursday that net profits advanced ten percent in the first half of its financial year, as the group bucked tough trading conditions with keen demand for its products. Profit after tax rose to £487 million ($771 million, 569 million euros) in the six months to December, compared with £441 million in the first half of its 2011/12 financial year, BSkyB said in a results statement. Group revenue meanwhile swelled by five percent to £3.533 billion in the reporting period.