BT job cuts continue as ups dividend despite interim profit fall

marketscreener
2025.11.06 09:45
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BT Group PLC reported a decline in profit and revenue for the first half of the financial year, with pretax profit down 11% to GBP862 million and revenue down 3% to GBP9.81 billion. Despite these challenges, the company announced a 2% increase in its interim dividend to 2.45 pence per share and cut its workforce by 6%. BT is on track with its cost reduction program, achieving GBP247 million in savings. Shares rose 4.7% following the announcement, and the company reiterated its financial guidance for 2026.

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