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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  BT Group plc    BT.A   GB0030913577

BT GROUP PLC

(BT.A)
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BT : says Openreach sale report 'inaccurate' - internal message

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05/15/2020 | 06:19pm EDT
FILE PHOTO: A BT Openreach van is seen parked in central London, Britain

Britain's BT said a report in the Financial Times that it was in talks about selling a stake in its networks business Openreach was "inaccurate".

"Many of you will have seen the reports overnight about BT being in talks to sell a stake in Openreach," Openreach CEO Clive Selley said in a message to staff.

"I spoke to (BT CEO) Philip Jansen last night after the story broke in the newspapers. He is very clear - the story is inaccurate. Openreach is staying in the BT Group."

(Reporting by Paul Sandle, editing by Louise Heavens)

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Financials
Sales 2021 21 740 M 27 256 M 27 256 M
Net income 2021 1 644 M 2 061 M 2 061 M
Net Debt 2021 17 716 M 22 211 M 22 211 M
P/E ratio 2021 7,57x
Yield 2021 -
Capitalization 11 681 M 14 641 M 14 644 M
EV / Sales 2020
EV / Sales 2021 1,35x
Nbr of Employees 105 300
Free-Float 86,8%
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Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 168,15 GBp
Last Close Price 119,10 GBp
Spread / Highest target 152%
Spread / Average Target 41,2%
Spread / Lowest Target -41,1%
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Managers
NameTitle
Philip Eric Rene Jansen Chief Executive Officer & Executive Director
Jan Petrus du Plessis Chairman
Simon Jonathan Lowth Chief Financial Officer & Executive Officer
Howard Watson Chief Technology & Information Officer
Nicholas Charles Rose Senior Independent Non-Executive Director
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