0917 GMT - BT Group's revenue figures for the half-year are disappointing, Quilter Cheviot analyst Matt Dorset writes in a note. The U.K. telecommunications company's results were a mixed bag, Dorset says. Revenue came in weaker than expected. This was mainly due to lower results in its business division, particularly in non-U.K. trading within the global and portfolio channels. However, the stronger performance in free cash flow and progress in the fiber build are positive, he says. Shares are down 4.7% at 135.45 pence. (najat.kantouar@wsj.com)
(END) Dow Jones Newswires
November 07, 2024 04:17 ET (09:17 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.