BT Ireland sees first revenue hike for five years

BT Ireland has reported its first annual revenue increase for five years, with profit growth also resuming after a period of consolidation.

The Irish arm of the telecommunications group yesterday reported revenues of £757m (€944m) for the 12 months to the end of March. This, thanks largely to the impact of foreign exchange movements, was up by 1% on the previous year.

EBITDA (earnings before interest, tax, depreciation and amortisation) were up by 9%.