|
BSkyB posts pre-tax profits of £1,173 million
Year-on-year HD growth doubles
BSkyB has posted a pre-tax profit of £1,173 million for the year to the end of June 2010 on revenues of £5,912 million. The company said today that 90,000 new subscribers were added in the fourth quarter, taking the overall total to 9.86 million, 30% of which take HD.
BSkyB chief executive Jeremy Darroch said: “We’ve had another good quarter to bring our financial year to a strong close. Customers are choosing Sky in ever greater numbers, not just for TV but across our entire product range.
“High definition goes from strength to strength, with more than twice as many customers as a year ago. At the same time, customers are choosing broader bundles of services, with one in five now taking all three of TV, broadband and telephony. Overall, customers are taking 45% more additional subscription products than a year ago.”
Darroch also announced a multi-year partnership that will make Sky the exclusive home of new HBO programming, offering a new slate of original UK comedy on Sky1 HD, and the launch of 3D TV to residential customers on 1 October.
“It has been a good year for Sky but we stay focused on the challenge ahead,” he said. “The economic outlook remains uncertain and, against that backdrop, we’ll pursue the consistent set of priorities that have served us well so far. Executing on these plans will build a larger, more profitable business for the long term.”
|
