Sage Investment Club

BT pretax profit falls, but backs annual guidance

BT Group PLC said Thursday that nine-month pretax profit fell due to increased depreciation that offset earnings before interest, taxes, depreciation and amortization growth. The U.K. telecommunications company BT.A, +2.58% said revenue for the period to Dec. 31 was 15.59 billion pounds ($19.29 billion) compared with GBP15.68 billion a year earlier as the BT Sport […]