BT Group publishes H1 FY27 results presentation transcript
BTI•BT Group reaffirmed its guidance, targeting normalised free cash flow of around £2 billion, excluding TalkTalk, and around £3 billion by FY30. First-half revenue rose 1% to £8.75 billion and EBITDA increased 1% to £4.1 billion.
1. Guidance reaffirmed
BT Group reaffirmed guidance at its H1 FY27 results presentation. Normalised free cash flow remains targeted at around £2 billion, excluding TalkTalk, rising to around £3 billion by FY30.
2. First-half figures and deals
First-half revenue rose 1% to £8.75 billion, while EBITDA increased 1% to £4.1 billion. The TalkTalk acquisition will cost around £400 million this fiscal year, including trading losses and payments otherwise due to Openreach. A planned 50/50 joint venture with Verizon would deliver $625 million to BT at closing, expected in the second half of 2027.
