BT Group Sees EBITDA Rise Amidst Expansion

BT Group plc (GB:BT.A) has released an update.

BT Group plc reports a promising start to the year with notable growth in fibre build and connections, leading to a rise in EBITDA despite competitive market challenges. Openreach has achieved significant milestones, surpassing 15 million premises built and 5 million connections. The company remains focused on simplifying operations and is confident in meeting its financial targets, including a significant increase in cash flow by the end of the decade.

For further insights into GB:BT.A stock, check out TipRanks’ Stock Analysis page.