BT Group (BT.A) News Today

BT Group plc (LON:BT.A) – Mixed Signals Drive Trading

BT’s shares have recently rallied above their 200-day moving average, underpinned by strong fibre growth and cost-cutting achievements. However, investor sentiment remains cautious after a slight H2 earnings miss, higher capex guidance and management changes.

• Share price crosses above its 200-day moving average, signaling technical momentum.
• Earnings holding firm amid a “mammoth” cost-cutting drive, helping to protect margins.
• Full-fibre rollout accelerates, with 6.5 million UK premises now connected.
• “Strong progress” reported against key strategic priorities by senior management.
• Annual dividend hiked as underlying profits rise.
• Robust fibre demand and ongoing cost savings bolster earnings outlook.
• Over 100,000 users now investing in BT Asset Management funds via BT Pay, highlighting growing customer engagement.
• Quarterly results showed EPS of GBX 18.80, a 6.33% return on equity and a 4.11% net margin.
• CEO outlines further overhaul plans, aiming for continued operational improvements.
• BT denies that the recent HR chief departure was linked to changes in diversity targets.
• FY H2 revenue slightly missed expectations and capex guidance was raised above consensus.
• Shares fell on a “gloomy outlook” despite the dividend increase and profit growth.
• Market selling pressure struck BT during FTSE 100 results-day trading.
• HR chief exit follows a diversity-related embarrassment, raising governance concerns.

Investor takeaway: Positive momentum from fibre expansion, cost cuts and technical indicators is offset by elevated capex, a cautious outlook and recent management upheaval. Investors should weigh these factors ahead of the full-year results in focus.