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Sky sees growth during Brexit as more consumers “regress to their home” in times of uncertainty, reporting profit boom across Europe

on Jul 28, 2016 | 0 comments

By Jessica Goodfellow

Sky has reported healthy growth over the last 12 months with operating profit up 12 per cent, one of just a few companies to have met financial targets in times of economic uncertainty as Brexit has put a halt on UK investment.

Despite word that some advertisers are putting a pause on UK investment while the UK’s economic stability teeters, Sky has posted a 2.7 per cent increase in ad revenue in the 12 months ending 30 June, an increase of £14m.

Sky also recorded 445,000 new customers in the UK and Ireland in the 12 month period, including 93,000 Read full story ›

Source: The Drum