Analysts expect rise in revenues at BSkyB

Claire Billings,

February 05, 2002

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Analysts expect rise in revenues at BSkyB

LONDON - BSkyB looks set to report a rise in half-year revenues, to as much as £1.33bn, when it announces its interim results on Friday as subscriber numbers recover after it turned off its analogue service in September 2001.

Analysts are expecting revenue to come in at £1.33bn against £1.09bn last time. They are forecasting an increase in operational profit to £61m-£65m against £50.6m last time.

Loss before tax could narrow to £76-£77m from £112.1m last time and the company has said it expects to deliver positive cash flow in the second half of the year.

Analysts expect BSkyB to report a 214,000 increase in subscribers to take it up to 5.7m. The company's share price had risen 0.76% to 665p at 3.55pm.

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