Bt Profits Set to Hit Pounds 6 Billion

Mail on SundayMay 15, 2006

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Summary


BT is set to surprise the City this Thursday with betterthanexpected annual results, ending 11 quarters of falling profits.

'Chief executive Ben Verwaayen has shown a solid ninequarter run of turnover growth, but now he is going to show that all the new contracts BT has been winning are turning into profits on the bottom line of the company,' senior City sources told Financial Mail.

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Bt Profits Set to Hit Pounds 6 Billion

Profits before tax and deprecia...

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