BSkyB Sees Half-Year Profit Up 8% to £647m
BSkyB, the parent company of Sky News, has reported an 8% increase in operating profit for the first half of the financial year.
The company said the figure for the period was £647m.
Revenues increased 5% to £3.5bn in the same period.
BSkyB added 88,000 net new customers to the service in the three months to the end of December, compared with a forecast of 58,000.
The net new customer total was up 271,000 year-on-year to reach 10.74 million.
Chief executive Jeremy Darroch said: "We have delivered another good performance in the first half with strong progress across the board.
"In what remains a tough consumer environment, our broadly-based growth strategy is working well.
"Good product growth in the quarter means that our total base of subscription products has grown by 10% year on year."
Weekly on-demand downloads for the firm have increased 150% in second quarter while Sky Go users have gone up 46% year on year to 3.1 million.
Mr Darroch added: "Although we expect the consumer environment in 2013 to remain challenging, we have a strong set of plans for the year ahead.
"The business is in good shape to continue to deliver for customers and shareholders."
what do you think?
Not really surprised with what they charge for the rubbish they pump out repeats across all channels and old films and documentaries shown several times a day month after month Virgin no better
This comment has been removed for violations of our Terms and Conditions.