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BT Group

Current Price 104.90p Bid 104.90p Ask 105.10p Change -0.24%
Last Updated: 22/04/2024 03:25. Prices delayed by at least 15 minutes.
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Company Overview

BT Group plc is a telecommunications and network provider. The Company provides fixed and mobile telecommunications and related secure digital products, solutions and services. It also provides managed telecommunications, security and network and information technology (IT) infrastructure services to customers across approximately 180 countries. It consists of three customer-facing units: Consumer, Business and Openreach. Consumer units serve individuals and families in the United Kingdom. Business units cover companies and public services in the United Kingdom and internationally. Openreach unit is an independently governed, wholly owned subsidiary wholesaling fixed access infrastructure services to its customers approximately 650 communication providers across the United Kingdom.

Financial Highlights Year Ended 31/03/2023

Revenue
£20,681.00m
Operating Profit/Loss
£2,619.00m
Dividend yield (%)
5.30
Total dividend for year
n/ap
Dividend cover
2.52
P/E Ratio
7.50

Key Personnel

Mr Simon Lowth
Chief Financial Officer
Mr Adam Crozier
Independent Non-Executive Director
Mr Matthew Key
Independent Non-Executive Director
Mr Steven (Steve) Guggenheimer
Independent Non-Executive Director
Mrs Maggie Chan Jones
Independent Non-Executive Director
Ms Allison Kirkby
Independent Non-Executive Director
Ms Isabel Hudson
Independent Non-Executive Director
Ms Ruth Cairnie
Independent Non-Executive Director
Ms Sara Weller
Independent Non-Executive Director
Mr Raphael Kübler
Non-Executive Director & Chairman

Stock Details

EPIC
BTL
ISIN
GB0030913577
Shares in Issue
9,962.01m
Market cap
£10,450.15m

Analyst Views (2)

Strong Buy
 
0%
Buy
 
100.00%
Hold
 
0%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
104.90p
Bid Price
104.90p
Ask Price
105.10p
Volume
1,425,059
Change Today
-0.25p
% Change Today
-0.24%
Open
104.60p
Previous Close
104.90p
Intraday High
105.45p
Intraday Low
103.50p
52 Week High
158.85p
52 Week Low
102.25p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

News

BT Group shares ripe for a re-rating, says JPMorgan 04/04/2024 11:56:24 Iconic BT Tower to be turned into hotel in £275m deal 21/02/2024 09:45:33 Citi trims estimates on BT, reiterates 'buy' rating 02/02/2024 12:27:28 BT Group sees FY in line despite flat Q3 earnings 01/02/2024 07:01:54 BT in talks with Musk's Starlink over rural broadband offering 15/01/2024 08:35:35 Saudi Telecom to approach Patrick Drahi regarding BT stake 21/12/2023 07:29:31 Ofcom proposes ban on inflation-linked price rises 12/12/2023 08:48:14 BT Group not planning to make offer for MusicMagpie 27/11/2023 13:30:05 BT upbeat on full-year prospects after first half growth 02/11/2023 07:28:55 Berenberg gives five reasons not to invest in BT 02/10/2023 09:02:34 BT Group appoints Allison Kirkby as CEO 31/07/2023 07:45:21 BT Group backs full-year guidance as Q1 core earnings rise 27/07/2023 07:41:01 Jansen to step down from BT amid takeover rumours 10/07/2023 07:08:50 UBS downgrades BT Group to 'sell', shares slide 27/06/2023 09:43:47 Sunday newspaper round-up: Drinkflation, Bank of England, BT Group 18/06/2023 18:38:33 UK's Ofcom allows Openreach to cut prices 24/05/2023 11:22:38 Altice ups stake in BT to 24.5% 23/05/2023 08:02:33 Citi adds BT Group to 'European Focus List', reiterates 'buy' 22/05/2023 10:11:53 Broker tips: BT Group, Hill & Smith 22/05/2023 07:17:54 BT FY profits rise 5% in line with forecasts 18/05/2023 07:20:25 Berenberg stays at 'hold' on BT Group heading into full-year results 18/04/2023 08:59:09 JP Morgan spies signs of rotation away from cyclicals 17/04/2023 11:09:42

Income Statement

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Continuing Operations
Revenue
20,681.00
20,850.00
Operating Profit/Loss
2,619.00
2,885.00
Net Interest
-831.00
-922.00
Pre-Tax Profit
1,729.00
1,963.00
Profit After Tax from continuing operations
1,905.00
1,274.00
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
1,905.00
1,274.00
Attributable to:
Equity Holders of Parent Company
1,905.00
1,274.00
Minority Interests
n/a
n/a
Total Dividend Paid
n/ap
n/ap
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Mar 2023
31 Mar 2022
Basic
19.40p
12.90p
Diluted
18.90p
12.50p
Adjusted
19.40p
12.90p
Dividend per Share
n/ap
n/ap

Assets

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
25,648.00
25,028.00
Intangible Assets
13,687.00
13,809.00
Investment Properties
n/a
n/a
Investments
388.00
39.00
Other Financial Assets
1,397.00
1,003.00
Other Non-Current Assets
2,175.00
987.00
Current Assets
Inventories
349.00
300.00
Trade & Other Receivables
3,487.00
3,120.00
Cash at Bank & In Hand
392.00
777.00
Current Asset Investments
3,548.00
2,679.00
Other Current Assets
1,681.00
2,032.00
Other Assets
n/a
n/a
Total Assets
52,752.00
49,774.00

Liabilities

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Current Liabilities
Borrowings
2,572.00
1,668.00
Other Current Liabilities
7,820.00
7,378.00
Total Current Liabilities
10,392.00
9,046.00
Non-Current Liabilities
Borrowings
21,308.00
20,277.00
Provisions
1,989.00
2,399.00
Other Non-Current Liabilities
4,549.00
2,756.00
Total Non-Current Liabilities
27,846.00
25,432.00
Other Liabilities
n/a
n/a
Total Liabilities
38,238.00
34,478.00

Net Assets

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Net Assets
14,514.00
15,296.00

Capital & Reserves

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Share Capital
499.00
499.00
Share Premium Account
1,051.00
1,051.00
Other Reserves
1,533.00
1,343.00
Retained Earnings
11,431.00
12,403.00
Shareholders Funds
14,514.00
15,296.00
Minority Interests/Other Equity
n/a
n/a
Total Equity
14,514.00
15,296.00

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Interim
28 Dec 2023
02 Feb 2024
2.31p
Final
03 Aug 2023
13 Sep 2023
5.39p
Interim
29 Dec 2022
06 Feb 2023
2.31p
Final
04 Aug 2022
12 Sep 2022
5.39p
Interim
30 Dec 2021
07 Feb 2022
2.31p
Interim
24 Dec 2019
03 Feb 2020
4.62p
Final
08 Aug 2019
09 Sep 2019
10.78p
Interim
27 Dec 2018
04 Feb 2019
4.62p
Final
09 Aug 2018
03 Sep 2018
10.55p
Interim
28 Dec 2017
05 Feb 2018
4.85p
Final
10 Aug 2017
04 Sep 2017
10.55p
Interim
29 Dec 2016
06 Feb 2017
4.85p
Final
11 Aug 2016
05 Sep 2016
9.60p
Interim
24 Dec 2015
08 Feb 2016
4.40p
Final
13 Aug 2015
07 Sep 2015
8.50p
Interim
29 Dec 2014
09 Feb 2015
3.90p

Dividend Metrics

Year End Date
31 Mar 2023
31 Mar 2022
Dividend growth
n/a%
n/a%
Dividend yield
5.30%
4.20%
Dividend cover
2.52
1.68


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