Q1 Guidance: BT unmoved by early trouble

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Source: Priyanka Chechi / Unsplash

Q1 FY25–26: Management reconfirms full-year guidance, with defiance made easier thanks to pessimistic outlook as laid out three months prior. Vague notions of ‘growth’ remain the target by the end of the decade…

This article includes:

  • Themes: Capital expenditure (Capex); Cost transformation; EBITDA guidance; Financial targets; Free cash flow; Group restructuring; Long-term forecasting; Merger and acquisition (M&A); Revenue guidance; Strategic planning; Sustained growth.
  • Events: BT Group Q1 FY25–26 results and earnings call.
  • People: Allison Kirkby.
  • Geographic: United Kingdom.
  • Organisations: BT Business; BT Group.

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