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BT Group (BTA) investor relations material
BT Group Q1 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 TU earnings summary24 Jul, 2025
Executive summary
Solid start to the year with full fibre broadband reaching over 19 million premises and 5G covering 87% of the UK population.
Record Openreach fibre take-up, strong demand for next-generation broadband and mobile across all brands.
Transformation initiatives delivering business simplification and improved customer experience.
Financial highlights
Reported and adjusted revenue at £4.9bn, down 3% year-over-year, mainly due to weaker handset sales and challenging international trading.
Adjusted UK service revenue at £3.9bn, down 1% year-over-year.
Adjusted EBITDA at £2.1bn, down 1% year-over-year, with cost transformation offsetting adverse revenue.
Reported profit before tax of £468m, down 10% year-over-year, primarily due to higher net finance costs and depreciation/amortisation.
Outlook and guidance
On track to achieve full-year guidance and reconfirming all FY26 and multi-year financial outlook metrics.
Full-year expectations for Openreach broadband lines remain unchanged.
Explain the EBITDA pressure in Business.
Assess impact of Hyperoptic deal on Openreach.
What drove Openreach broadband line losses?
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Q2 20266 Nov, 2025
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Frequently asked questions
BT Group plc is a multinational telecommunications and digital services company based in the United Kingdom. The company provides a wide range of services, including broadband, mobile, fixed-line telephony, and digital TV, as well as IT and network services for residential, business, and public sector customers. BT operates through several divisions, including Consumer, Enterprise, Global, and Openreach, which manages the UK’s broadband infrastructure. The company is headquartered in London, United Kingdom, and its shares are listed on the LSE (London Stock Exchange).
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