All Revenue (income) articles
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Financial & Performance
BT’s Jansen bows out, buoyant as ever: hints of recovery, decimated valuation
H1 FY23–24: CEO Philip Jansen’s final earnings call brings a workmanlike set of results with some bright spots to give reason enough to gloat, but slow progress on B2B turnaround and dragging fibre build indicate scale of challenge for successor Allison Kirkby.
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Financial & Performance
Spend: BT expenses rise despite cost-cutting focus
BT H1 FY23–24: Operating expenditure continued to grow but capital outlay brought under control.
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Financial & Performance
Headlines: BT hits stride as key financials see growth
BT H1 FY23–24: Growth in revenue and EBITDA make for positive reading, but the usual Business drag brings numbers down.
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Financial & Performance
Guidance: outlook reaffirmed as Jansen claims a job well done
H1 FY23–24: CEO claims to have set BT up for momentum towards longer-term targets thanks to strategic focus on network investment.
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BT Q1 FY23–24 Guidance: BT sticks to (vague) targets
Mixed results across BT’s CFUs, but full‑year expectations remain unchanged.
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BT Q1 FY23–24 Headlines: revenue boosted as price hikes pay off
Revenue up across every division; EBITDA follows suit in all but Business.
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Financial & Performance
Telefónica Q2 FY23 Guidance: operator bets on maintaining momentum
Group updates guidance on back of strong cross-market growth.
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BT FY22–23: BT buys time with merger as B2B troubles linger
Global and Enterprise go out with a whimper, as Jansen stresses merger cost savings will provide breathing space for BT to refocus in the B2B sector.
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Vodafone FY22–23: pressure on core markets as drag continues
Three of Vodafone’s largest European markets see revenue decline and poor return on investment.
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Vodafone FY22–23 Headlines: growth “possible”, but returns prove costly
Vodafone’s revenue creeps up but not without challenge.
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Telefónica Q1 FY23 Guidance: for foreseeable, Telefónica votes conservative
Guarded Telefónica management reiterates low-growth outlook for FY23, despite solid Q1 numbers.
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Telefónica FY22 Guidance: keeping a lid on expectations
Management displays cautious outlook for FY23
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Telefónica FY22 Headlines: FY22’s storm weathered
Main performance lines heading in the right direction.
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TDE cruises to targets despite FY22 turbulence
NatCo shrugs off difficult macro picture with decent sales and earnings growth.
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DT Q4 FY22/FY22 headlines: targets hit in choppy waters
TMUS’ strong performance (and dollar denomination) extends DT’s earnings growth run.
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Q4 FY22/FY22: DT ends variable year in predictably solid fashion
Group stays on course in “very complex” twelve months, maintaining growth on key financial metrics.
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People
Cognizant exile Hyttenrauch finds new home as T-Systems cloud boss
Greg Hyttenrauch becomes new VP for Cloud Services after abrupt exit from Cognizant in summer.
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Vodafone Q2 FY22-23 Headlines: macro and micro trends bite into profit
Revenue picture mixed, with strength in UK, Ireland, and Portugal but ongoing weakness in Germany, Italy, and Spain.
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Vodafone Q2 FY22-23 Spend: Della Valle looks for another billion behind sofa
Updated cost-cutting programme targets “€1bn+” in efficiencies over three years, although only net of inflation.
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BT H1 FY22–23 Headlines: growing in some areas, shrinking in others
The usual Consumer and Openreach positives continue to be offset by B2B challenges.