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Wireless Federation » BT revenue grows 3%, share price plunges 10% (UK)

 BT revenue grows 3%, share price plunges 10% (UK)

  • July 31st, 2008
  • 1:52 pm

BT’s revenue rises 3% on last year. Along with this rise its shares price drop by a 10%. The telco made earnings before interest, taxation, depreciation and amortisation (EBITDA) of £1.433 billion, up 1% on the same period a year ago. Company warned of margin pressure partly due to currency charges, it remains confident to hit the revenue targets for the full year.


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