BT FY24−25 Guidance: free cash flow ‘inflection point’ in touching distance

Joseph Purnell2025-05-30T14:00:00

Source: Thanos Pal / Unsplash

Group misses revised revenue targets, and expects another fall to come, but groundwork has been laid for elusive ‘predictable growth’ two years out…

This article includes:

Organisations: BT Group.
Geographic: UK.
People: Allison Kirkby.
Themes: Adjusted EBITDA; Adjusted revenue; Capital expenditure; Earnings call; EBITDA; Fibre build; Free cash flow; Legacy voice losses; Normalised free cash flow; Operational discipline; Public switched telephone network; Revenue decline; Service revenue; Share price; Traditional voice migration; Transformation.
Events: BT Group earnings, FY24–25.

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