BT Ireland profits climb 4% on back of contract wins

BT Ireland yesterday announced all-island financial results for the year to the end of March with profit up 4% on a yearly basis.

The increase in profitability was driven by by success with fibre broadband and major contracts, and continued cost management, the company said.

Similarly, revenue increased by 2% to £635m (€856.5m) year on year excluding transit revenue and the impact of foreign exchange movements.