Media... Sky adds 200,000 customers
Media giant Sky says it gained more than 200,000 new customers in the UK and Ireland in the second half of 2014.
Strong demand for pay TV in Ireland and Britain and a record jump in customer numbers in Germany helped Sky to post a 16pc rise in first-half adjusted operating profit in its maiden results as a European pay-TV group yesterday.
The company said there was growing customer demand across the group and significant outperformance in the UK and Ireland.
Sky added 204,000 new customers in the UK and Ireland, the highest growth in nine years as it launched over 1 million new products.
Sky, which was formed from the combination of Britain's BSkyB, Sky Deutschland and Sky Italia to serve 20 million customers in Europe, said it had also seen a significant decline in the number of people leaving their platforms.
Overall the group posted first half adjusted operating profit up 16pc to £675m, well ahead of forecasts of £644m in a consensus provided by the company.