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Sky Q3 2017/18 results: ever more attractive - Venture Insights

Report Overview

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Sky Q3 2017/18 results: ever more attractive

PublisherEnders Analysis.
Publish Date May 1, 2018
Sector Media, Telecom, TV.
Company SKY.

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Sky posted yet another set of solid results, with revenues up 5% and operating profits up 10%, despite weakening operating metrics in Germany & Austria.

Deals with Netflix and Spotify will enhance the customer experience, signalling Sky’s confidence in its platform, perhaps a sign of further deals to come.

A successful outcome from February’s Premier League auction sealed the prospect of a takeover battle for Sky, with Comcast launching its formal bid this week.