12/05/2004
BSkyB report massive profit hike
BSkyB have reported a record operating profit of £438 million – a massive 76% increase on the previous year’s quarterly figures.
Net operating cash inflow increased by 131% to £518 million, while profit after tax increased almost tenfold, from £28 million to £243 million. The network’s total revenue increased by 16% to £2,697 million.
The number of DTH subscribers rose by 66,000 to 7.3 million and the Sky+ target was reached three months early, with customer numbers increasing by 72,000 to 322,000.
Earnings per share before goodwill and exceptional items was 13.2 pence, up 5.9 pence on the comparable period.
James Murdoch, Chief Executive of BskyB, said: “Sky continues to deliver improvement in its financial performance, and remains on track to hit all operational and financial targets. Slower DTH subscriber growth during the quarter reflected our decision to pull back on platform marketing in a seasonally quiet period.”
(GB)
Net operating cash inflow increased by 131% to £518 million, while profit after tax increased almost tenfold, from £28 million to £243 million. The network’s total revenue increased by 16% to £2,697 million.
The number of DTH subscribers rose by 66,000 to 7.3 million and the Sky+ target was reached three months early, with customer numbers increasing by 72,000 to 322,000.
Earnings per share before goodwill and exceptional items was 13.2 pence, up 5.9 pence on the comparable period.
James Murdoch, Chief Executive of BskyB, said: “Sky continues to deliver improvement in its financial performance, and remains on track to hit all operational and financial targets. Slower DTH subscriber growth during the quarter reflected our decision to pull back on platform marketing in a seasonally quiet period.”
(GB)
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14 November 2003
Satellite broadcaster doubles operating profit
BSkyB's results for the three months ended September 2003 30 have revealed that total group revenue increased by 17% to £850 million and that operating profit, before goodwill and exceptional items, doubled to £151 million.
Satellite broadcaster doubles operating profit
BSkyB's results for the three months ended September 2003 30 have revealed that total group revenue increased by 17% to £850 million and that operating profit, before goodwill and exceptional items, doubled to £151 million.
05 August 2003
Lastminute.com enjoys second trip into black
Lastminute.com has reported healthy trading to take the company into the black for only the second quarterly period, according to the company’s interim report. Following a series of acquisitions, the internet travel, holiday and leisure booking firm said they had experienced significant “organic growth” in the quarter of 50.2%. Lastminute.
Lastminute.com enjoys second trip into black
Lastminute.com has reported healthy trading to take the company into the black for only the second quarterly period, according to the company’s interim report. Following a series of acquisitions, the internet travel, holiday and leisure booking firm said they had experienced significant “organic growth” in the quarter of 50.2%. Lastminute.
26 April 2005
Nissan announces record profits
Japanese car manufacturers Nissan have announced record net income of 512.3 billion yen for the fiscal year ending March 31, 2005, an increase of 1.7%. Nissan reported that its consolidated net revenues increased by 15.4% to 8.576 trillion yen. Operating profit also increased by 4,4% to a record 861.
Nissan announces record profits
Japanese car manufacturers Nissan have announced record net income of 512.3 billion yen for the fiscal year ending March 31, 2005, an increase of 1.7%. Nissan reported that its consolidated net revenues increased by 15.4% to 8.576 trillion yen. Operating profit also increased by 4,4% to a record 861.
15 June 2010
News Corp In BSkyB Takeover
Rupert Murdoch's News Corporation is currently in talks to take over satellite broadcaster BSkyB. The company said it was currently offering 700 pence per share, which values BSkyB at around £12bn. Although Sky have said the offer remains too low, the two sides are still in negotiations, Sky stating it wanted "in excess of 800p.
News Corp In BSkyB Takeover
Rupert Murdoch's News Corporation is currently in talks to take over satellite broadcaster BSkyB. The company said it was currently offering 700 pence per share, which values BSkyB at around £12bn. Although Sky have said the offer remains too low, the two sides are still in negotiations, Sky stating it wanted "in excess of 800p.
01 October 2003
Sky reaches seven-million subscriber target early
Five years to the day since Sky digital was launched, BSkyB have announced that they have achieved their target of seven million direct-to-home (DTH) satellite subscribers by the end of calendar year 2003, three months earlier than expected. As of September 30 2003, the number of DTH satellite subscribers in the UK and Ireland was 7,015,000.
Sky reaches seven-million subscriber target early
Five years to the day since Sky digital was launched, BSkyB have announced that they have achieved their target of seven million direct-to-home (DTH) satellite subscribers by the end of calendar year 2003, three months earlier than expected. As of September 30 2003, the number of DTH satellite subscribers in the UK and Ireland was 7,015,000.
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