19th October 2011 - first quarter results
Strong financial performance:
- Revenue growth of 9% to £1.66 billion
- Adjusted operating profit up 16% to £295 million with further margin improvement
- 20% increase in adjusted basic earnings per share to 11.6 pence
- 39% growth in adjusted free cash flow to £96 million
· Good growth in total customers and products, up 77,000 and 683,000 respectively
· Continued improvement in product mix with 2.9 million customers taking all three of TV, broadband and telephony, up by 29%
· Strong customer loyalty despite pressure on consumers
· Good quarter on-screen supporting growth in advertising and wholesale businesses
· Excellent response to Sky Go; over 1.6 million customers in first three months
