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GROWTH & VALUE

IMPLIED MARGIN OF SAFETY (beta)
SCREENS PASSED 1
Balance Sheet · Income Statement · Cashflow FINANCIAL SUMMARY
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Last ex-div: 7th Aug, paid: 2nd Sep more... Dividends
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Book Value ps p +38.0%

FINANCIAL BRIEF: For the nine months ended 31 December 2012, BT Group plc revenues decreased 6% to L13.23B. Net income increased 9% to L1.5B. Revenues reflect BT Global segment decrease of 8% to L1.75B, BT Wholesale segment decrease of 9% to L890M, BT Retail segment decrease of 3% to L1.79B. Net income reflects BT Global segment income totaling L7M vs. loss of L25M, Other segment loss decrease of 67% to L15M, BT Retail segment income increase of 7% to L375M. more »

HEALTH TREND

BANKRUPTCY RISK

  EARNINGS MANIPULATION RISK

MAGIC FORMULA SCORE
B+
B+

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BROKER FORECASTS
31st Mar 2013
31st Mar 2014

Price Target: 288.6p (-8.11% below Price) Net Profit EPS DPS Net Profit EPS DPS
Est. Long Term Growth Rate: +5.4% (£) (p) (p) (£) (p) (p)
Consensus Estimate
1m Change
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26 brokers BROKER CONSENSUS & FORECAST TREND
Broker Recommendations for BT
Recommendation:Strong SellSellHoldBuyStrong Buy
No. of Analysts: 1 3 10 6 6

Named Brokers and Analysts
Jefferies & Company, Inc. Jerry Dellis , Credit Suisse Paul Sidney , Sanford Bernstein Robin Bienenstock , Investec Bank (UK) Plc , ING FM , Nomura Securities James Britton , Jefferies International Ltd , Collins Stewart & Co , Macquarie Research Guy Peddy , Societe Generale Ottavio Adorisio , Evolution Securities (Hist) , Berenberg Stuart Gordon , Northland Capital Partners Limited , DZ Bank , Oddo Securities Alexandre Iatrides , Charles Stanley Tom Gidley-Kitchin , MF Global (Historical) , Raymond James Euro Equities Stephane Beyazian Sugandhi Sud , Bryan Garnier , Espirito Santo Investment Bank Nick Brown , Morningstar, Inc. Allan Nichols , Day by Day Valerie Gastaldy , Landesbank Baden-Wuerttemberg , Liberum Capital Lawrence Sugarman , Alphavalue Jean-Michel Salvador ,

BT Group plc is a communications services company. The Company is engaged in providing and managing data and voice networks and providing a range of services over these networks. It operates in approximately 170 countries worldwide. The Company is a principal communications services provider, selling products and services to consumers, small and medium-sized enterprises and the public sector. The Company also sells wholesale products and services to communications providers in the United Kingdom and around the world. The Company supplies managed networked information technology (IT) services to multinational corporations, domestic businesses and national and local government organizations. Bt has four lines of business: BT Global Services, BT Retail, BT Wholesale and Openreach. In December 2012, the Company sold of its remaining 9.1% iin Tech Mahindra Ltd to institutional investors.

Directors: Michael Rake (Chmn.) 65, Ian Livingston (CEO) 48, Tony Chanmugam (Fin. Dir.) 58, Gavin Patterson (Corp. Exec.) 44, Luis Alvarez (Corp. Exec.) 51, Roel Louwhoff (Corp. Exec.) 48, Clive Selley (Corp. Exec.) , Nigel Stagg (Corp. Exec.) , Clare Chapman (Other) , Andrew Parker (Secy.) 51,

No. of Employees: 89,000 No. of Shareholders: n/a


Last Annual March 31st, 2012
Last Interim December 31st, 2012
Shares in Issue 7,880,446,075
Free Float 7.85bn (99.7%)

Address BT Centre 81 Newgate Street, LONDON, EC1A 7AJ, United Kingdom
Web http://www.bt.com/
Phone +44 20 73565000
Contact Kevan Dale (Investor Relations)
Registrar Lloyds TSB Registrars (Sussex)
Auditors PricewaterhouseCoopers LLP

BT.A SHARE PRICE PERFORMANCE BT.A QUOTE
BT.A Share Price GBp
316p
Day's Change
2.0  0.6%
Traded 2:10pm · Minimum 15 min delayed

LATEST BT.A NEWS ANNOUNCEMENTS (delayed)

UPCOMING BT.A EVENTS
Wednesday 29th May, 2013
BT Group PLC at Societe Generale Telecoms Conference
Thursday 6th June, 2013
BT Group PLC at Bank of America Merrill Lynch Global Telecom & Media Conference
Wednesday 17th July, 2013
BT Group PLC Annual General Meeting
Thursday 25th July, 2013
Q1 2013/14 BT Group PLC Earnings Release
Wednesday 7th August, 2013
Dividend For BT.A.L
Wednesday 7th August, 2013
Dividend For BT
Thursday 31st October, 2013 (estimate)
Q2 and Half Year Results 2013/14 BT Group PLC Earnings Release

Recent ↓
Friday 10th May, 2013
Q4 and Full Year 2012/13 BT Group PLC Earnings Presentation & Business Update
Friday 10th May, 2013
Q4 and Full Year 2012/13 BT Group PLC Earnings Release
Wednesday 20th March, 2013
BT Group PLC at Citi European & Emerging Telecom Conference
Friday 1st February, 2013
Q3 2012/2013 BT Group PLC Earnings Conference Call
Friday 1st February, 2013
Q3 2012/2013 BT Group PLC Earnings Release
Wednesday 26th December, 2012
Dividend For BT
Wednesday 26th December, 2012
Dividend For BT.BA
Thursday 1st November, 2012
Q2 and Half Year Results 2012/13 BT Group PLC Earnings Release
Thursday 1st November, 2012
Q2 and Half Year Results 2012/13 BT Group PLC Earnings Conference Call
Wednesday 5th September, 2012
BT Group PLC at Deutsche Bank European Technology, Media, Telecommunications Conference


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