Guidance: modest FY to give way for ambitious 2030

btw370-mu guidance x logo

Source: Marc-Olivier Jodoin / Unsplash

Q2/H1 FY25–26: lack of ambition in FY targets ensures BT remains on track, but end-of-decade goals require transformation acceleration, and soon…

This article includes:

  • Themes: Capex reduction; Cost reduction exercise; Digital backbone; EBITDA guidance; End-of-decade targets; Fibre build; Free cash flow growth; Full-year guidance; Long-term transformation; Revenue forecast; Strategic levers; Transformation acceleration.
  • Events: BT Group Q2/H1 FY25–26 earnings call.
  • People: Allison Kirkby; Simon Lowth.
  • Geographic: United Kingdom (UK).
  • Organisations: BT Group; BT International; Openreach.

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