Sky Result 29/07/15

Sky described its results for the year as “outstanding”. The company saw profit for the year of £1.95 billion ($3.0 billion), up from £865 million ($1.35 billion) last year, on revenue which rose to £9.99 billion ($15.6 billion) from £7.45 billion ($11.64 billion). Following the acquisition of Sky Italia and Sky Deutschland in November, the group saw an increase of 5% in its turnover to £11.28 billion ($17.6 billion), with an 18% rise in its operating profit. The company said that, in the UK and Ireland, it had seen the number of customers grow to over 12 million, while Germany and Austria also saw their highest ever customer growth. Meanwhile Italy’s customer base remained stable after three years of decline.