Sports rights help boost BT's earnings

|About: BT Group plc (BT)|By:, SA News Editor

BT's (BT) FQ4 pretax profit increased to £747M ($1.27B) from £639M a year earlier.

Revenue dropped 1% to £4.75B.

BT expects adjusted EBITDA to rise to £6.2-6.3B in FQ 2015 from £6.12B last FY.

BT Sport, which has paid huge sums for English and European soccer rights, "proved very popular" in FQ4, and is in 5M homes. "For BT Consumer, it underpinned a record 9% growth in revenue," BT said.

Shares are +3.2% in London. (PR)