http://www.theguardian.com/media/2015/feb/04/sky-profits-rise-uk-and-germany-pay-tv
Sky’s highest customer growth in the UK in nearly a decade helped the satellite broadcaster post a 16% rise in adjusted operating profit in its first results since its £5bn acquisition of Sky Italia and Sky Deutschland.
The pay-TV company, which now has a customer base of nearly 25 million across Europe, reported first half adjusted operating profits of £675m in the six months to the end of December last year, ahead of forecasts of £644m.
Sky, which captured exclusive live rights to the Open golf for the first time on Tuesday and will table its bid for live Premier League football rights on Friday, added another 204,000 domestic customers in the final three months of 2014, its strongest growth in nine years.
Revenues were up 5% to £5.6bn for the six-month period. It said there had been a significant group wide reduction in churn – the proportion of customers leaving the business - was 9.2%, its lowest level for a decade.
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