Interim Results
EXCELLENT FIRST HALF WITH GOOD MOMENTUM ACROSS EXPANDED BUSINESS
Strong financial results
· Group revenue up 5%
· Operating profit up 16%
· Adjusted basic earnings per share of 27.1 pence
· Interim dividend of 12.30 pence per share
Growing customer demand across the group
· Significant outperformance in the UK and Ireland
o 204,000 new customers, the highest growth in nine years
o Over 1 million new products, the highest growth in four years
· Record growth in Germany and Austria with 214,000 new customers
· Strong performance in Italy with 30,000 new customers, the highest growth in 12 quarters
· Significant group-wide reduction in churn
Building for the future
· Strengthening drama slate: Fortitude launched in all five markets and 160 hours of original drama in production across the group
· Extending leadership in sport: exclusively live UK and Irish rights to The Open Championship
· Opening up OTT opportunity with streaming services in all our markets
· Growing new revenue streams: Sky Store revenues up 90% year on year
· Good progress with integration planning and synergies