Sky’s “strong year” and 8% revenue growth

UK pay-TV giant Sky has reported a “strong year” and a 10 per cent increase in this year’s revenues, to £12.9 billion (€14.44bn), with Q4 operating profit up 8 per cent to £455 million.Sky says that it has won 686,000 new customers (including Germany and Italy) and takes its subscriber total to 22.5 million, with 77,000 new subs in Q4. While just outside the 12-month results, Sky says it passed the 5 million threshold in Germany in July.

Source: Sky’s “strong year” and 8% revenue growth |

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