first_img whatsapp Tags: NULL BSkyB profit up as customers hit 9.6m Share BSkyB has posted strong first quarter profits after adding a better-than-expected 96,000 customers, due to strong demand for its broadband and telephone services.The strong operating performance, which took the total customer base to 9.96m, helped the firm to post revenues up 15 per cent to £1.5bn, in line with forecasts, and adjusted operating profit up 25 percent to £255m Analysts had been expecting adjusted operating profit of £235m, according to a Reuters poll.Churn, or the percentage of customers who left the service, was steady on last year at 11.2 per cent, while the average revenue generated per user was at a new record of £514. The amount paid by each customer was boosted by demand for additional products such as HD TV and broadband.“Operationally, we have made a very good start to the year with 96,000 net customer additions and record take-up of our additional subscription products,” chief executive Jeremy Darroch said.“This performance, combined with our continued emphasis on operational efficiency, is translating into strong financial results.”BSkyB is also engaged in a takeover process, after News Corp proposed to buy the 61 per cent of BSkyB it does not already own. It offered 700 pence per share but BSkyB’s independent directors have demanded an offer of over 800 pence.Manoj Ladwa of ETX Capital said: “BSkyB goes from strength to strength as it reported a solid set of first quarter numbers. The broadcaster is also reaping the benefits of a strategy shift as it increasingly cross-sells to its expanding customer base. Both are factors that are likely to see News Corp either raise its offer quite significantly or walk away.” Show Comments ▼center_img More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse Video Carousel – cityam_native_carousel – 426 00:00/00:50 LIVERead More Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndo whatsapp Friday 22 October 2010 3:24 am John Dunne last_img