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BT Group (BTA) investor relations material
BT Group Q1 2027 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record new full fibre connections and take-up, with fibre now over half of broadband revenues.
5G+ coverage expanded to 77% of UK population; full fibre build on track for 25 million premises by December.
International joint venture with Verizon announced, focusing future strategy on the UK.
Financial highlights
Revenue for the quarter was £4.3bn, flat year-over-year; adjusted UK service revenue down 1% to £3.8bn.
Adjusted EBITDA was £2.0bn, down 1% year-over-year; reported profit before tax was £505m, down 4% due to higher finance costs.
Openreach broadband ARPU grew 7% to £17.7; Consumer broadband ARPU fell 2% to £40.9, while postpaid mobile ARPU rose 2% to £19.7.
Outlook and guidance
Reconfirmed all FY27 and multi-year financial outlook metrics, including cash flow targets of c£2.0bn this year and c£3.0bn by decade end.
Guidance reflects continuing operations after International division reclassified as discontinued.
- Record network growth, robust financials, and all resolutions passed with strong support.BTA
AGM 2026 presentation13 Jul 2026 - Record FTTP rollout, cost savings, and rising free cash flow drive improved outlook.BTA
H2 20259 Jul 2026 - Record FTTP build and cost savings offset revenue decline; FY26 guidance reaffirmed.BTA
H1 20268 Jul 2026 - De-risking and robust funding agreements have stabilized pension deficits ahead of the 2026 valuation.BTA
Investor update27 Jun 2026 - Record fibre build, EBITDA growth, and rising dividends as transformation accelerates.BTA
H2 202621 May 2026 - EBITDA and cash flow rose as record FTTP and 5G growth offset revenue decline.BTA
H1 202521 May 2026 - Record fibre and 5G+ growth offset revenue decline; cash flow and guidance remain on track.BTA
Q3 2026 TU5 Feb 2026 - Fibre and 5G growth offset revenue headwinds, keeping full-year guidance on track.BTA
Q1 2026 TU24 Jul 2025 - EBITDA growth and record fibre build drive BT Group's solid start to FY25.BTA
Q1 2025 TU13 Jun 2025
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