BT share price: what to expect from its Q1 results

The British telecoms company has seen it share price tumble significantly this year, with it opting to dial back its international operations in favour of focusing on the UK market in a bid to stop its stock falling any lower.

When is BT’s results date?

BT Group will unveil its Q1 results on August 2.

BT’s results preview: what does the City expect?

Since the start of the new year, BT has seen its share price fall more than 20% to 189p a share, down from 240p at the beginning of January.

In fact, the British telecoms company has seen its stock steadily lose more than 62% of its value over the last three and half years, forcing it to take drastic action in a bid to stop it sliding any further.

According to a report by This Is Money, BT’s management has begun offloading ‘everything outside the UK’, with the company putting its entire Latin American business up for sale.

The rationale behind retreating from its operations overseas is to allow the company to focus its attention on its domestic business in the UK market and stop its share price from sliding any further.

Since taking over as CEO in February, Philip Jansen has put several overseas units up for sale, including its operation in Italy, Ireland and Spain.

At the company’s recent annual general meeting (AGM), Jansen said that the capital raised from the sale of its overseas assets will help fund its investment in full-fibre broadband in the UK.

In its annual results, the said it aims to connect more than 15 million households and business with superfast broadband by the mid-2020s.

Practise trading BT and other telecoms stocks with an IG demo account.

BT expected to slash dividend to fund fibre expansion

At its AGM, BT hinted that it may cut its dividend, along with other cost-cutting measures, to help finance its superfast fibre broadband expansion in the UK.

Investors will be eager to see if the company announces a reduction in the dividend in its upcoming Q1 results next week, especially with the business embarking on an ambitious turnaround plan to stop its share price sliding further.

IGA, may distribute information/research produced by its respective foreign affiliates within the IG Group of companies pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, IGA accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore recipients should contact IGA at 6390 5118 for matters arising from, or in connection with the information distributed.

The information/research herein is prepared by IG Asia Pte Ltd (IGA) and its foreign affiliated companies (collectively known as the IG Group) and is intended for general circulation only. It does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.

Please see important Research Disclaimer.

European Central Bank meeting

Learn about how the ECB meeting affects interest rates and price stability ahead of the next announcement.

  • How might the next meeting affect the markets?
  • What are the key rate decisions to watch?
  • Why is the Governing Council announcement important for traders?

Live prices on most popular markets

  • Forex
  • Shares
  • Indices
liveprices.javascriptrequired
liveprices.javascriptrequired

Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.

liveprices.javascriptrequired

Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 20 mins.

The Momentum Report

Get the week’s momentum report sent directly to your inbox every Monday for FREE. The Week Ahead gives you a full calendar of upcoming key events to monitor in the coming week, as well as commentary and insight from our expert analysts on the major indices to watch.

For more info on how we might use your data, see our privacy notice and access policy and privacy webpage.

You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.