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BSkyB growing on demand - Q1 2015 results - Venture Insights

Report Overview

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BSkyB growing on demand – Q1 2015 results

PublisherEnders Analysis.
Publish Date October 20, 2014
Sector Fixed Line (Internet and Voice), FTA TV, Pay TV, Sports.
Company Sky Group.

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Q1 2015 results show steady underlying revenue growth in retail subscription and increases in other segments, along with the continuing extraction of cost efficiencies, resulting in an 11% year-on-year increase in Q1 operating profits.

Quarter-on-quarter, Q1 2015 retail subscription revenues and ARPU were flat in spite of the strong uptake and growing use of connected products. Main causes appeared temporary – a mixture of seasonal factors and the launch of Sky Sports 5 with its two-year free broadband offer – while underlying growth remains firmly positive.

Meanwhile, Sky’s accelerated investment in connectivity during 2014 is bearing fruit. Eyes may be focused on the formation of the new Sky (on schedule for November) and the long awaited Premier League auction, yet other developments such as Sky Store and Sky AdSmart also deserve full attention.