By John Glenday

Telecoms provider BT has reported a 2 per cent rise in revenue to £4,354m in the quarter to 30 June, with underlying revenue (excluding transit) rising by 0.5 per cent.

Bosses have left their outlook unchanged despite earnings before interest, taxes, depreciation, and amortization being flat over the period.

Nevertheless profit before tax was up 7 per cent to reach £638m and earnings per share rose 10 per cent to reach 6.5p.

BT chief executive Gavin Patterson said: “We have made a good start to the year. We have delivered growth in underlying revenue excluding transit and in profit before tax, and free Read full story ›

Source: The Drum