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          MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  BT Group plc    BT.A   GB0030913577

          BT GROUP PLC

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          BT says Openreach sale report 'inaccurate' - internal message

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          05/15/2020 | 06:19pm EDT
          FILE PHOTO: A BT Openreach van is seen parked in central London, Britain

          Britain's BT said a report in the Financial Times that it was in talks about selling a stake in its networks business Openreach was "inaccurate".

          "Many of you will have seen the reports overnight about BT being in talks to sell a stake in Openreach," Openreach CEO Clive Selley said in a message to staff.

          "I spoke to (BT CEO) Philip Jansen last night after the story broke in the newspapers. He is very clear - the story is inaccurate. Openreach is staying in the BT Group."

          (Reporting by Paul Sandle, editing by Louise Heavens)

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          AT HOME GROUP INC. 4.47% 8.64 Delayed Quote.57.09%
          BT GROUP PLC -0.35% 112.35 Delayed Quote.-41.62%
          JUST GROUP PLC -4.88% 45.66 Delayed Quote.-42.20%
          WILL GROUP, INC. -0.31% 644 End-of-day quote.-48.56%
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          Financials
          Sales 2021 21 714 M 27 770 M 27 770 M
          Net income 2021 1 583 M 2 024 M 2 024 M
          Net Debt 2021 18 265 M 23 359 M 23 359 M
          P/E ratio 2021 7,12x
          Yield 2021 -
          Capitalization 11 058 M 14 142 M 14 142 M
          EV / Sales 2020
          EV / Sales 2021 1,35x
          Nbr of Employees 105 300
          Free-Float 86,9%
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          Number of Analysts 21
          Average target price 161,53 GBX
          Last Close Price 112,35 GBX
          Spread / Highest target 128%
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          NameTitle
          Philip Eric Rene Jansen Chief Executive Officer & Executive Director
          Jan Petrus du Plessis Chairman
          Simon Jonathan Lowth Chief Financial Officer & Executive Officer
          Howard Watson Chief Technology & Information Officer
          Iain C. Conn Senior Independent Director
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