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BT FY 2008-09 Q2 results: resilience reduced by cost control issues at Global Services - Venture Insights

Report Overview

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BT FY 2008-09 Q2 results: resilience reduced by cost control issues at Global Services

PublisherEnders Analysis.
Publish Date November 16, 2008
Sector Fixed Line (Internet and Voice).
Company BT.

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As announced in the October trading update, BT’s Q2 results were hit by poor cost control at Global Services. Performance elsewhere was reasonable but was shored up at group level by a spike in contribution from non-core business.