BT Forex News

BT Group Stock Down On Weak FY23 Pre-tax Profit; Sees Pro Forma Growth In FY24

BT Group Stock Down On Weak FY23 Pre-tax Profit; Sees Pro Forma Growth In FY24

Shares of BT Group Plc were losing around 8 percent in the morning trading in London after the British telecommunications holding company on Thursday reported weak profit and revenues in its fiscal 2023. A growth in Openreach was more than offset by decline in the other units. The company further announced a flat dividend. Looking ahead for fiscal 2024, the company said expects revenue and EBITDA
RTTNews | 787 days ago
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