Research Recap - Mar 02, 2010BT Group plc (BT.A)
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Angus Robertson
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Research RecapAs European telecoms companies face the prospect of more cost cutting as their margins get squeezed, we are pleased to offer a complimentary download of Wright Investors' Service's analysis of
BT Group (BT.A) . Selected highlights: On the £21.39 billion in sales reported by the company in 2009, the cost of services sold totalled £9.10 billion, or 42.5% of sales (i.e., the gross profit was 57.5% of sales). This gross profit margin is very slightly better than the company achieved in 2008, when cost of services sold totalled 42.8% of sales.
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As European telecoms companies face the prospect of more cost cutting as their margins get squeezed, we are pleased to offer a complimentary download of Wright Investors' Service's analysis of <span class="company">BT Group</span> (BT.A) . Selected highlights: On the £21.39 billion in sales reported by the company in 2009, the cost of services sold totalled £9.10 billion, or 42.5% of sales (i.e., the gross profit was 57.5% of sales). This gross profit margin is very slightly better than the company achieved in 2008, when cost of services sold totalled 42.8% of sales.
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